A Relevant Cost Is a Cost That

question 13

Multiple Choice

A relevant cost is a cost that:

• A)has the potential to influence a decision.
• B)changes in direct proportion to changes in activity level.
• C)can be traced to a specific cost object.
• D)is used for control purposes.

---

Definitions:

Expert Power

Expert power is a form of influence based upon the perception of special knowledge, skills, or expertise that an individual possesses.

Automatic Thinking

The process of making quick, instinctive judgments and responses without conscientious deliberation, often based on learned behaviors or biases.

Mindful Thinking

Involves maintaining a moment-by-moment awareness of our thoughts, feelings, bodily sensations, and surrounding environment with openness and non-judgment.

Corporate Hierarchy

Corporate hierarchy refers to the structured ranking of positions within a company, determining the flow of decision-making and authority.