Cost Behavior Refers to ________

question 114

Multiple Choice

Cost behavior refers to ________.

• A) how costs react to a change in the level of activity
• B) whether a cost is incurred in a manufacturing, merchandising, or service company
• C) classifying costs as either perpetual or period costs
• D) whether a particular expense is expensed in the same or the following period

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Definitions:

WNBA

The Women's National Basketball Association, a professional basketball league in the United States for women.

Drive-reduction

A theory suggesting that psychological needs create an aroused state that drives an organism to reduce the need by engaging in some goal-directed behavior.

Physiological Need

A basic bodily requirement that is essential for maintaining life and health, such as the need for food, water, or sleep.

Glucose

A simple sugar that is an important energy source in living organisms and is a component of many carbohydrates.