Vhich of the following statements is false Multiple Choice T

Vhich of the following statements is false? Multiple Choice The highlow method is the most accurate method of estimating fixed and variable cost. A visual scatter graph is more precise than regression analysis when drawing a line that best fits a data set The R Square produced in regression analysis represents the estimated variable cost per unit. All of the statements are false.

Solution

Option D (All of the statements are false)

As High low method uses the only two extreme activity levels, it is not completely accurate in estimating the fixed and variable cost.

When drawing a life that best fits a data set, visual scatter graph is not as precise as regression analysis.