The Terms "Cost Driver" and "Allocation Base" Are Interchangeable

question 63

True/False

The terms "cost driver" and "allocation base" are interchangeable.

---

Definitions:

10% More

Indicates an increase or addition of ten percent to a given number or value.

7% Less

A reduction by seven percent from a previous amount or value.

Standard & Poor's 500

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

Stock Index

A statistical measure that shows changes in the stock market by tracking selected stocks' prices.