364. Strength of relationship between cost driver and cost is considered as

badness of residual
goodness of residual
badness of fit
goodness of fit
✅ The correct answer is D.
Strength of relationship between cost driver and cost is considered as goodness of fit. Goodness of fit measures the degree of association between cost and activity.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top