Which of the following statements is false?
a. A weakness of the High-Low method is that it considers only two data points.
b. An abnormal observation is called an outlier.
c. Dividing the change in the total cost by the change in the activity will compute the fixed costs.
d. The High-Low method is not as accurate as the least square regression analysis in separating fixed and variable costs.
c
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Prior to the economic crisis of 1997-1998, the South Korea's "chaebol" had become bloated and heavily in debt
Indicate whether the statement is true or false
A psychological phenomenon in which people in a cohesive group go along with the group consensus rather than offer their own opinions is called ______.
A. groupthink B. group ineffectiveness C. social loafing D. brainstorming
The Sarbanes-Oxley Act has had an insignificant effect on the relationship between the company and the internal auditor
Indicate whether the statement is true or false
What is the most important part of preparing for a presentation?
A) Selecting your delivery style B) Deciding what you want to accomplish C) Preparing professional slides D) Selecting appropriate attire