Forecasting method is considered a causal technique

Assignment Help Financial Accounting

Reference no: EM13788092

1. In a performance evaluation income statement segmented by product libe , a fixed expense that cannot be allocated among product lines on a cause and effect basis should be :

A classified as a traceable fixed expense and not allocated

B allocated to the product lines on the basis of sales dollars

C allocated to the product Lines on the basis of Segment Margin

D Classified as a common fixed expense and not allocated

2. The __tells us how much of the variation in the dependent variable (y) is explained by variation in the independent variable(x) or a casual forecasting model

a. standard error

b. correlation coefficient

c. coefficient of determination

d. slople of the regression line

3. Which of the following forecasting method is considered a causal technique?

a. Mutiple regression

b. sensitivity analysis

c. moving average

d. sales force composite

4. Assuming the number of units sold and produced are the same, which of the following statement is tue when comparing net income using absorption and variable costing?

a. absorption costing will yield a higher net income

b. variable costing will yield a higher net income

c. net income will the same under both methods

d. variable costing will have higher sales revenue

Reference no: EM13788092

Questions Cloud

Social security benefits-rent income on townhouse : Cecil's 40 year old daughter borrowed $60,000 on 1/2/14 using the money to start a new business; cecil does not charge her interest. She lives with cecil and provides her own expenses. compute cecil's 2014 income tax payable (or refund)

Mobile devices are and why mobile systems are important : Explain what mobile devices are and why mobile systems are important. Give examples of mobile devices, and, if applicable, name a mobile device you use and why you use it.

Do you agree with the provisions of the ensign amendment : The Ensign Amendment was passed in 1997, as Pub. L. No. 104-208 sec. 614. The Act prohibits the use of federal funds to pay for the distribution of material that is sexually explicit or features nudity. Do you agree with the provisions of the Ensig..

Assessment tool produces stable and consistent results : Can a psychological test be reliable (consistent over time) but not valid? Explain your answer. Reliable: "Reliability is the degree to which an assessment tool produces stable and consistent results."

Forecasting method is considered a causal technique : Which of the following forecasting method is considered a causal technique? In a performance evaluation income statement segmented by product libe , a fixed expense that cannot be allocated among product lines on a cause and effect basis should be :

Maximum transfer price tulip would pay internally : Spring Corp. has two divisions, Daffodil and Tulip. Daffodil produces a gadget that Tulip could use in its production. Tulip currently purchases 100,000 gadgets for $12.50 on the open market. Daffodil's variable costs are $6 per widget while the full..

An assignment on bus law : Bus Law

What mobile devices are and why mobile systems are important : Explain what mobile devices are and why mobile systems are important. Give examples of mobile devices, and, if applicable, name a mobile device you use and why you use it.

What are the purposes of dna testing explain in detail : Address the following, and add your responses to your Key Assignment final draft: What are the purposes of DNA testing? Explain in detail. Provide examples where necessary

User Account

All Pages