Which of the Following Correctly Describes the Term Cost Driver

question 31

Multiple Choice

Which of the following correctly describes the term cost driver?

• A) the inflation rate that causes costs to rise
• B) the average inventory costs incurred at any point of time
• C) the primary factor that causes a cost to be incurred
• D) the total material, labor, and overhead costs of a completed job

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Definitions:

Biological

Pertaining to the science of life and living organisms, including their structure, function, growth, origin, evolution, and distribution.

Asexually

Reproduction without the fusion of gametes, leading to offspring genetically identical to the parent.

Archaea

A category of single-celled organisms, distinct in genetics from both bacteria and eukaryotes, frequently located in environments of extreme conditions.

Extrinsic Postzygotic

Refers to factors external to the zygote that affect the survival and reproduction of hybrids between different species, populations, or genetic backgrounds.