Any Activity or Factor That Causes a Cost to Be

question 62

Multiple Choice

Any activity or factor that causes a cost to be incurred is known as a:

• A) cost pool.
• B) cost driver.
• C) cost allocation.
• D) cost object.

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Definitions:

Personal Database

A database designed for use by a single person on a standalone computer, aimed at managing personal information or tasks.

Relational Database

A type of database that structures data as collections of tables that are related to each other through unique identifiers.

Spreadsheet

A computer application for organization, analysis, and storage of data in tabular form, often featuring calculation, graphing tools, and pivot tables.

Communication

The process of transferring information from one entity to another through various means, including verbal, non-verbal, written, and electronic methods.