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Which of the following is a step followed by an analyst to overcome problems related to data collection for estimating cost function? To include the
Which of the following is a step followed by an analyst to overcome problems related to data collection for estimating cost function?
- To include the inflationary price effects in the data
- To consider fixed costs as variable costs and treat allocated fixed costs per unit as a variable cost
- To eliminate unusual observations if extreme values of observations occur
- To use cash accounting
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