Regression analysis in cost accounting is primarily used to ? A) Predict cost behaviour B) Calculate taxes C) Record transactions D) Prepare financial statements

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 3Q: Explain how a contribution margin income statement can be used to determine profitability.
Question

4 PTS

Regression analysis in cost accounting is primarily
used to
?
A) Predict cost behaviour
B) Calculate taxes
C) Record transactions
D) Prepare financial statements
Transcribed Image Text:Regression analysis in cost accounting is primarily used to ? A) Predict cost behaviour B) Calculate taxes C) Record transactions D) Prepare financial statements
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