Cost Behaviour Is

question 104

Multiple Choice

Cost behaviour is:

• A) another word for cost object.
• B) irrelevant for service organisations.
• C) the variation in costs relative to the variation in activities.
• D) an old fashioned term for activity cost analysis.

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Definitions:

Richness

The quality or state of being abundant or in great quantities, often used in the context of material wealth, cultural wealth, or biodiversity.

Feedback

Information provided regarding aspects of one's performance or behavior, intended to affirm strengths or identify areas for improvement.

Encoding

The process of converting information into a particular form for efficient storage, transmission, or encryption.

Modulation

The process of varying the properties of a waveform to encode information, typically used in telecommunications to transmit data.