(CMA)Cost Drivers Are

question 108

Multiple Choice

(CMA) Cost drivers are:

• A)Activities that cause costs to increase as the activity increases
• B)Accounting techniques used to control costs
• C)Accounting measurements used to evaluate whether or not performance is proceeding according to plan
• D)A mechanical basis, such as machine hours, computer time, size of equipment, or square meters used to assign costs to activities

---

Definitions:

Coefficient of Correlation

A measure that indicates the extent to which two variables fluctuate together. A value closer to 1 or -1 indicates a strong relationship, while a value near 0 suggests no relationship.

X and Y

Typically used to represent independent and dependent variables in a mathematical function or data set, respectively.

Marginal Probability

is the probability of an event occurring without considering other related events.

Coefficient of Correlation

The coefficient of correlation, also known as Pearson's r, measures the strength and direction of a linear relationship between two quantitative variables.