Multiple Choice Questions on is any factor which causes a change in cost of an activity ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

is any factor which causes a change in cost of an activity ........

Costing - Phase (I & II) Overview of Cost and Management Accounting
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    ___________ is any factor which causes a change in cost of an activity.

    Cost unit

    Incorrect Answer

    Cost driver

    Correct Answer

    Cost centre

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    A cost driver is the unit of an activity that causes the change in activity’s cost. It is a factor which causes a change in cost of an activity. For example direct labour, machine use etc.

    By: Vikas Goyal
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