The Key to the Growth of Agribusiness in the West

question 30

Multiple Choice

The key to the growth of agribusiness in the West was

• A)the abundance of water.
• B)intensive use of heavy machinery.
• C)high land prices.
• D)the extension of existing agribusiness operations from the East.

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Definitions:

Cost Driver

A factor that causes the cost of an activity or process to change, used in activity-based costing to allocate costs more accurately.

Support Department

Units within an organization that provide essential services or support to the primary operations departments but do not directly participate in production activities.

Purchase Requisitions

Documents used within organizations to officially request the purchase of goods or services, usually for approval before a purchase order is issued.

Cost Driver

A factor that causes or influences the cost of certain activities to change, such as the number of units produced, hours worked, or material used.