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1 December, 20:34

The high-low method and least-squares regression are used by accountants to:

a. maximize output.

b. control operations.

c. estimate costs.

d. choose among alternative courses of action.

e. evaluate divisional managers for purposes of raises and promotions.

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Answers (2)
  1. 1 December, 21:30
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    C) Estimate costs
  2. 1 December, 23:08
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    C. Estimate costs.

    Explanation: High-low method of accounting is a managerial accounting system designed to separate the fixed costs from the variable costs from a limited amount of data.

    The "least-square" method of regression analysis is a analytical method used in accounting, Statistical and mathematical calculations to determine the "line of best fit" in a given set of data, it also makes visual representation of the Relationship existing between data which are analysed.
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