Evaluation criteria of regression equation must be considered as
A. goodness of fit
B. economic plausibility
C. significance of independent variable
D. all of above
Answer: Option D
Solution(By Examveda Team)
Evaluation criteria of regression equation must be considered as goodness of fit, economic plausibility and significance of independent variable.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion