Which one of the following is the main advantage of quantitative method?

Related Mcqs:

1. The Regression Analysis Method of quantitative analysis of cost function considers ____________?

   A. all data points B. One data point C. Two data points D. Four data points...

2. The formal method of making choices, considering help of quantitative and qualitative analysis is classified as ____________?

   A. quantitative analysis B. decision method C. qualitative method D. linearity method...

3. In quantitative analysis to estimate cost function, the fourth step is to __________?

   A. write a liner function B. write price function C. write manufacturing function D. plot the data...

4. The first step in estimation of cost function by using quantitative analysis is to _________?

   A. choose price estimation method B. choose dependent variable C. choose independent variable D. choose revenue estimation method...

5. The third step in estimation of cost function, by using quantitative analysis is collection of data for ___________?

   A. cost and cost object B. price and cost driver C. dependent variable and cost driver D. independent variable and cost driver...

6. The second step for estimation of cost function by using quantitative analysis is to ___________?

   A. choose independent variable B. choose cost estimation method C. choose price estimation method D. choose dependent variable...

7. The most frequently used methods of quantitative analysis include __________?

   A. variable equation B. high low method C. low high method D. constant equation...

8. The fifth step in quantitative analysis of estimating cost function is to ___________?

   A. estimate cost function B. estimate price function C. estimate supply function D. estimate demand function...

9. In cost accounting, the conference, quantitative analysis and account analysis methods are considered as __________?

   A. cost estimation methods B. price estimation methods C. unit estimation method D. variable estimation method...

10. In quantitative analysis of estimating cost function, the last and foremost step is to _____________?

    A. evaluate variable driver B. evaluate cost driver C. evaluate price driver D. evaluate demand driver...