Answer the following questions using the information below:
Jerry's TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2011 operations.

-Which cost estimation method is being used by Jerry's TV and Appliance Store?
A)the industrial engineering method
B)the conference method
C)the account analysis method
D)the quantitative analysis method

Question

Answer the following questions using the information below:
Jerry's TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2011 operations.
 
-Which cost estimation method is being used by Jerry's TV and Appliance Store?
A)the industrial engineering method 
B)the conference method 
C)the account analysis method 
D)the quantitative analysis method

Quizplus · Accepted Answer

The account analysis method involves analyzing each account in the financial statements to determine how costs behave. Jerry's TV and Appliance Store is using this method to analyze their 2011 operations.

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