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Least squares method of fitting a line ( the line of best fit or the regression line) through the scatter diagram is a method which minimizes the sum of squared vertical deviations from the fitted lines. In other words the line to be fitted will pass through the points of the scatter diagram in such a fashion that the sum of the squares of the vertical deviations of these points from the line will be a minimum
Budgeted accounts Accounts that are theme to the misappropriation or sometimes to appropriation and/or allotment process. Refer to APPROPRIATION and portion.
Design an activity based cost system requires that: a) the job bid process redesigned b) resource costs be linked to the activities performed c)the cost of activities be linked to
When we use upper or lower class boundaries during calculation of ogive graph?
what are the objective and importance of cost accounting and managerial decision making.
Q1.(i) A manufacturing firm has previously sequenced its jobs using the "Shortest Operation Time" (SOT) rule. This has resulted in poor delivery performance with many jobs being
I need to conduct an analysis' on an alcohol and substance abuse study. the data set is too large to upload . The data set is the SPSS version that I need to work from. Here is the
Who can issue a bill of exchange for what purpose? Only a supplier who has to get the cash from his client for the purchase which was done on credit score platform can increase
Accounting for inflation Inflation sales is a term reporting a range of sales systems designed to correct problems that comes from traditional cost sales in the use of inflation. I
Susan’s proposed budget for 2011 includes a substantial repayment of the bank loan. If the repayment occurs, is the firm likely to break even in 2012? Explain.
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