Cost Pools Are Defined as Groupings of Individual Cost Items

question 77

True/False

Cost pools are defined as groupings of individual cost items which can range from broad, company-wide categories to very narrow categories.

---

Definitions:

Over Time

The progression or development of something as duration passes.

Differential Susceptibility

The idea that people vary in how sensitive (for better or worse) they are to particular experiences, either because of their genes or because of their past experiences. (Also called differential sensitivity.)

Environmental Influences

Factors external to the individual, such as climate, culture, and social conditions, that can affect development and behavior.

Cohort Differences

Variations in characteristics, experiences, or development among groups of individuals who are defined by some shared temporal experience or common life experience.