A Cost Driver Is

question 47

Multiple Choice

A cost driver is:

• A) a collection of cost pools
• B) a cost-allocation base chosen arbitrarily
• C) any factor which caused costs to be incurred
• D) costs that behave in a similar manner

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Definitions:

Falling Beam

An accident or hazard involving a beam that collapses or falls from its position, posing a risk of injury or damage.

Emotional Distress

A legal term describing significant mental suffering or anguish inflicted upon a person through wrongful actions by another, which may be grounds for a lawsuit.

Due Care

The effort made by an ordinarily prudent or reasonable party to avoid harm to another party.

Negligence

The failure to exercise a level of care that a reasonably prudent person would in similar circumstances, leading to unintended harm or damage.