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UNIT 3 QUIZ
1. Question : Which of the following provides the most
accurate cost
estimation?
Student Answer:
Regression analysis with R-squared of 0.12.
Regression analysis with F value of 1.2
High-low method.
Regression analysis with R squared of 0.89.
Question 2. Question : Data collected on the cost objects and
cost drivers for cost
estimation must be:
Student Answer:
Brief and limited.
Exhaustive.