Which of the following statements is correct about the high-low method? Multiple Choice ...

60.1K

Verified Solution

Question

Accounting

Which of the following statements is correct about the high-low method?
Multiple Choice
The high-low method is complicated to apply.
The high-low method is effective for periods in which activity is particularly high or low.
Generally, managers can obtain more accurate information from other methods of cost analysis that use a larger number of data points.
Generally, managers use the high-low method because it has no drawbacks or limitations.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students