Which of the Following Statements Is FALSE

question 82

Multiple Choice

Which of the following statements is FALSE?

• A)There is a cause-and-effect relationship between the cost driver and the amount of cost.
• B)Fixed costs have cost drivers over the short run.
• C)Over the long run all costs have cost drivers.
• D)Volume of production is a cost driver of direct manufacturing costs.

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Definitions:

Prohibited Issue

Topics or actions that are banned or not allowed, typically in the context of legal, regulatory, or organizational policies.

Multiemployee Bargaining

A negotiation process involving multiple employees or their representatives and an employer to establish collective employment terms.

Coordinated Bargaining

A bargaining strategy where multiple negotiating parties collaborate or coordinate their efforts to achieve common or compatible goals.

Concessionary Bargaining

A negotiation process where the union agrees to reduce costs or forego benefits in exchange for something else, such as job security.