Which of the following statements is true when referring to the high-low method
ID: 2504223 • Letter: W
Question
Which of the following statements is true when referring to the high-low method of cost analysis? Answer The high-low method has no major weaknesses. The high-low method is very hard to apply compared to regression analysis. In essence, the high-low method draws a straight line through two data points. None of the above is true. Which of the following statements is true when referring to the high-low method of cost analysis? Which of the following statements is true when referring to the high-low method of cost analysis? Which of the following statements is true when referring to the high-low method of cost analysis? The high-low method has no major weaknesses. The high-low method is very hard to apply compared to regression analysis. In essence, the high-low method draws a straight line through two data points. None of the above is true. The high-low method has no major weaknesses. The high-low method is very hard to apply compared to regression analysis. In essence, the high-low method draws a straight line through two data points. None of the above is true.Explanation / Answer
In essence, the high-low method draws a straight line through two data points.