The regression analysis approach illustrates how to evaluate different ________.
A)cost drivers
B)decision trees
C)high-low methods
D)detection systems
E)homogeneous relationships

Question

Quizplus · Accepted Answer

The regression analysis approach is commonly used in managerial accounting to evaluate different cost drivers, which are the factors that affect the cost of producing goods or providing services. Regression analysis helps managers understand how changes in these cost drivers affect total costs, so they can make more informed decisions about pricing, product/service offerings, and resource allocation.

The Regression Analysis Approach Illustrates How to Evaluate Different ________