Which of the following are the methods of determining cost behaviour?
I. High and low point method
II. Least square regression method
III. Accounting or analytical approach
IV. Non-parametric method
Choose the correct answer from the options given below
A. I, II and IV
B. I, III, and IV
C. II, III and IV
D. I, II and III
Answer: Option D
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
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