The cost function in requirement 1 is an estimate of how costs behave within the relevant range, not at cost levels outside the relevant range. if there are no months with zero miles driven represented in the delivery cost account in the general ledger, data in that account can be used to estimate the fixed costs at the zero miles driven level. the constant component of the cost function provides the best available starting point for a straight line that approximates how a cost behaves within the relevant range .

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false