If a very short time period, such as a week, is used for a regression study, rather than a longer period such as a month:
A) coping with inflation becomes more difficult.
B) accounting measurement errors are more likely.
C) time and motion studies will be required to supplement the cost and volume data.
D) coping with inflation becomes more difficult AND time and motion studies will be required to supplement the cost and volume data.

Question

Quizplus · Accepted Answer

When a very short time period is used for a regression study, accounting measurement errors are more likely to occur due to the limited amount of data being used. Coping with inflation and conducting time and motion studies may still be necessary, but they are not directly related to the use of a shorter time period for the regression study.

If a Very Short Time Period, Such as a Week