Which of the following statements about cost drivers in ABC systems is FALSE? 1 cost driver for a cost pool should have a cause and effect relationship to the costs in the pool 2 the cost drivers should be duration drivers 3. 100% correlation between the cost driver activity and the variation in the cost is not necessary 4. the cost driver activities can be quantified

Which of the following statements about cost drivers in ABC systems is FALSE? 1 cost driver for a cost pool should have a cause and effect relationship to the costs in the pool 2 the cost drivers should be duration drivers 3. 100% correlation between the cost driver activity and the variation in the cost is not necessary 4. the cost driver activities can be quantified

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 9SQP

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