An estimation of relationship between one independent variable and the dependent variable is known as ___________?
Correct answer: C. simple regression
- A. One variable series
- B. Two way regression
- C. simple regression
- D. multiple regression
Explanation
Simple regression examines the relationship between one independent variable and one dependent variable. Multiple regression requires two or more independent variables.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
The second step for estimation of cost function by using quantitative analysis is to ___________?
An estimation of relationship between two or more independent variables and the dependent variables are classified as ____________?
An analysis and estimation method of cost, by classifying cost accounts as fixed or variable with respect for specific output level is considered as _____________?
The factor used to predict the dependent variable is named as ___________?
An amount by which the total cost changes with respect to the change in level of activity is classified as ____________?
In adjustment issues of costing, the database must contain reliable measure of __________?