When Developing Cost Functions,which of the Following Statement Is FALSE

question 138

Multiple Choice

When developing cost functions,which of the following statement is FALSE?

• A)The cost function must be believable.
• B)The cost function should explain past cost behavior.
• C)Personal observations of costs and activities provide the best evidence of a plausible relationship between a cost and its cost driver.
• D)The cost function does not have to be reliable.

---

Definitions:

Education Summary Section

A component of a resume or CV where an individual outlines their academic qualifications, including degrees, certifications, and relevant coursework.

Task List Section

A designated part of a document or software application where tasks or actions required are listed systematically.

Executive Recruiters

Professional consultants who specialize in identifying and attracting top-level management and executive talent for organizations.

Employment Agencies

Organizations that match employers with job seekers to fill open positions.