A group of costs that change in response to changes in the same cost driver referred to as:
A)a cost pool
B)activity costs
C)conversion costs
D)a cost accumulation group

Question

Quizplus · Accepted Answer

A cost pool is a grouping of individual costs, typically by department or service center, from which cost allocations are made later. This grouping is done based on the costs sharing the same cost driver, which is a factor that causes the cost of an activity to go up or down.

A Group of Costs That Change in Response to Changes