Which of the Following Correctly Describes the Term Cost Driver

question 73

Multiple Choice

Which of the following correctly describes the term cost driver?

• A) The total material, labour and overhead cost of a completed job
• B) The inflation rate which causes costs to rise
• C) The primary factor which is correlated with the amount of cost incurred to produce a product
• D) The initial purchase price of direct materials

Understand the benefits of job rotation for both employers and employees.

Recognize the effectiveness and goals of structured on-the-job training.

Distinguish between on-the-job and off-the-job training methods regarding efficacy and cost.

Comprehend the significance of tradespeople in Canada's workforce.