Which cost estimation method analyses accounts in the subsidiary ledger as variable,fixed,or mixed using qualitative methods?
A)The account analysis method
B)The conference method
C)The industrial engineering method
D)The quantitative analysis method

Question

Quizplus · Accepted Answer

The account analysis method analyzes accounts in the subsidiary ledger as variable, fixed, or mixed using qualitative methods. The conference method involves a group of experts discussing and estimating costs, the industrial engineering method involves analyzing the work process and time required to complete tasks, and the quantitative analysis method involves using statistical and mathematical models to estimate costs.

Which Cost Estimation Method Analyses Accounts in the Subsidiary Ledger