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.

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Definitions:

Tissue

Groups of similar cells that perform a specific function within an organism.

Artificial Part

A man-made component designed to replace a missing or damaged body part, such as a prosthesis.

Radiant Energy

Energy that travels by waves or particles, particularly electromagnetic radiation such as light or heat.

Radioactive

Capable of emitting radiant energy.