Measuring cost behaviour involves understanding and quantifying how activities of an organization affect levels of costs.

Name: Measuring cost behaviour involves understanding and quantifying how activities of an organization affect levels of costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Measuring cost behaviour involves identifying how changes in activity levels impact costs, therefore it is true that understanding and quantifying the relationship between activities and costs is necessary to measure cost behaviour.

Measuring Cost Behaviour Involves Understanding and Quantifying How Activities of an Organization