Which of the Following Is a Cost Driver for a Company's

question 170

Multiple Choice

Which of the following is a cost driver for a company's human resource costs?

• A) the number of employees in the company
• B) the number of job applications processed
• C) the number of units sold
• D) the square footage of the office space used by the human resource department

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Definitions:

Same Direction

A term indicating that two or more variables move in tandem, either increasing or decreasing together.

Y-variable

In statistical modeling and experiments, the dependent variable that is influenced or predicted by another variable (X-variable), used to measure outcomes or results.

Opposite Directions

A term indicating movements or trends that are diametrically contrary to each other in a physical or metaphorical sense.

Upward Sloping

A term often used to describe a line on a graph that shows an increase in a variable as another variable increases, indicative of a direct relationship.