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A driver is a factor that causes or leads to a change in a cost

A driver is a factor that causes or leads to a change in a cost.

 

 

22.Managerial judgment is NOT a factor in determining cost behaviour.

 

 

23.Using a linear regression program, the term intercept refers to the fixed cost.

 

 

24.Using a linear regression program, the term X Variable 1 refers to the dependent variable.

 

 

25.Using Microsoft Excel, the function LINEST returns the parameters of a linear regression.

 

 

26.Using Microsoft Excel, the function INTERCEPT returns the variable rate of the independent variable.

 

 

27.Using linear regression, the value of X Variable 1 equals the slope of the line.

Mar 13 2020 View more View Less

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