Cost Drivers Can Be Based on Either Volume or Activity

question 6

Multiple Choice

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

• A) Labour hours.
• B) Machine hours.
• C) Units of output.
• D) Time taken to set up machines.

Explore how organizations interact with human sexuality in their policies and practices.

Understand the basic principles of atmospheric circulation and identify the latitudes where major air masses rise and descend.

Identify and describe the characteristics of different biomes, including flora, fauna, and climate conditions.

Recognize and explain the significance of symbiotic relationships in marine ecosystems, with a focus on coral reefs.

---

Definitions:

Agreement

A mutual understanding or contract between parties outlining terms and conditions for a specific arrangement or transaction.

Persons

Human beings as individuals or considered collectively, especially in a legal or formal context.

Capital Account

An account used to track the investments made into a company by its owners, plus the retained earnings of the business.

Withdrawal Account

An account used in partnership accounting to record the amounts drawn out of the business by the partners for personal use.