Which of the Following Statements Are Assumptions Underlying Cost Estimation

question 43

Multiple Choice

Which of the following statements are assumptions underlying cost estimation?

• A) Cost behaviour depends on one or a few activities.
• B) All costs are production driven.
• C) There is a strong correlation between the cost and the cost driver.
• D) Cost behaviour depends on one or a few activities AND there is a strong correlation between the cost and the cost driver.

Comprehend the role of central banks in controlling money supply and interest rates.

Recognize the importance and impact of supply-side policies in the economy.

Understand the control mechanisms of money supply in the economy.

Grasp the concept and implications of countercyclical fiscal policies.

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Definitions:

Secondary Reinforcer

A stimulus that becomes reinforcing through its association with a primary reinforcer; also known as a conditioned reinforcer.

Positive Reinforcement

A technique in behavior management that increases the probability of a desired behavior by presenting a pleasant stimulus after the behavior occurs.

Reward

represents a benefit or compensation offered to an individual or group as recognition for their effort, achievement, or behavior.

Positive Reinforcement

A method of encouraging desired behavior by offering rewards or positive outcomes when that behavior is exhibited.