The high-low method:
A) is the most accurate methods.
B) is not affected by the presence of outliers.
C) has the advantage of objectivity.
D) has the advantage of subjectivity.

Question

Quizplus · Accepted Answer

The high-low method has the advantage of objectivity. It is a straightforward method that uses only two data points (high and low) to estimate a cost equation. However, it is not the most accurate method and can be affected by outliers. Additionally, it is less subjective compared to other methods such as the account analysis method.

The High-Low Method