A Duration Driver Is

question 73

Multiple Choice

A duration driver is:

• A)A simple count of the number of times an activity occurs.
• B)An activity measure that is used for the life of the company.
• C)A measure of the amount of time required to perform an activity.
• D)An activity measure that is used for the life of an activity-based costing system.

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Definitions:

Formalisation

The process of establishing official structures, procedures, and rules within an organization to ensure efficiency, clarity, and compliance.

Vroom-Jago Leader-Participation Model

A decision-making framework that helps leaders decide how much participation they should allow from subordinates in the decision-making process.

Group Decision

A decision-making process where choices or judgments are made collectively by a group rather than by an individual.

Hersey and Blanchard

Creators of the situational leadership model, which proposes that effective leadership varies with the task at hand and involves adjusting behaviors.