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Home Q & A Board Other Fields Homework Help Business Economics
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ruskin ruskin
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6 years ago
Which of the following statements related to assumptions about estimating linear cost functions is TRUE?
A) Variations in a single cost driver explain variations in total costs.
B) A cost object is anything for which a separate measurement of costs is desired.
C) A linear function approximates cost behaviour at all ranges of production.
D) Correlation refers to the relationship between fixed and variable costs.
E) The graph of total costs does not form a straight line within the relevant range because of variable costs.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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GarretAGarretA
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6 years ago
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Without mathematics, there's nothing you can do. Everything around you is mathematics. Everything around you is numbers.

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ruskin Author
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6 years ago
this is exactly what I needed
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You make an excellent tutor!
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This helped my grade so much Perfect
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