Which of the following is a step to overcome problems related to data collection for estimating cost function?
A) The analyst should remove the inflationary effects.
B) The analyst should consider fixed costs as variable.
C) The analyst should also use extreme values while calculating cost functions.
D) The analyst should not use accrual accounting.

Question

Quizplus · Accepted Answer

Removing inflationary effects can help in making sure that the data used for estimating the cost function is consistent and accurate. This can help avoid errors and inconsistencies in the resulting cost function. B, C, and D are not relevant steps to overcome problems related to data collection for estimating cost function.

Which of the Following Is a Step to Overcome Problems