Multiple Choice
Which of the following statements regarding cost drivers is false?
A) Different businesses can have different sets of cost drivers.
B) Cost drivers should generally be chosen based on a cause-and-effect relationship between the driver and the specific cost being considered.
C) Cost drivers are groups of overhead costs that are similar.
D) An activity could have more than one potential cost driver.
Correct Answer:
Verified
Correct Answer:
Verified
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