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ch81.Which of the four types of cost drivers - activity-based, volume-based, structural and executional - areoften best related to linear cost estimation methods?A. Activity-based only.B. Activity-based and volume-based.C. Structural and volume-based.D. Executional and volume-based.E. Structural and executional.
2.Which of the following five steps (out of six) of cost estimation is out of order?
3.The identification of cost drivers is perhaps the most important step in developing the cost estimatebecause:
4.Technology and complexity issues often lead management to simplify and to:
5.Data collected on the cost objects and cost drivers for cost estimation must be:A. Brief and limited.B. Exhaustive.C. Concrete.D. Consistent and accurate.E. Varied.
6.The objective of the fourth step in cost estimation, graphing the data, is intended to:
7.Selection and employment of the correct estimation method is:

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Term
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Regression Analysis, pistons, Burmer Co

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