The relevant activity base for a cost depends on which base is most closely associated with the cost and the decision-making needs of management.

Name: The relevant activity base for a cost depends on which base is most closely associated with the cost and the decision-making needs of management.
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Question

Quizplus · Accepted Answer

The activity base for a cost should reflect the underlying cause of the cost, and should be selected based on the decision-making needs of management. Therefore, the statement is true.

The Relevant Activity Base for a Cost Depends on Which