Costs Drivers Can Be Based on Either Volume or Activity

question 50

Multiple Choice

Costs drivers can be based on either volume or activity.Which of the following is an activity based cost driver?

• A)units of output.
• B)time taken to set up machines.
• C)labour hours.
• D)machine hours.

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Definitions:

Horst And Graben

Geological features formed by the movement of the earth's crust, with a horst being a raised fault block and a graben being a lowered block, creating distinctive landscapes.

Footwall

The wall rock beneath an inclined fault.

Asymmetric Syncline

An asymmetric syncline is a fold in sedimentary layers that is uneven or lopsided, with one side of the fold having a gentler slope than the other.

Asymmetric Anticline

A fold in sedimentary layers that has unequal slopes on either side, typically illustrating differential stresses during its formation.