A cost driver, sometimes referred to as the independent variable, is part of the cost function relationship.

Name: A cost driver, sometimes referred to as the independent variable, is part of the cost function relationship.
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Quizplus · Accepted Answer

A cost driver is indeed a variable that has a cause-and-effect relationship with the costs incurred by an organization. It helps in identifying the factors that influence the changes in costs and aids in cost management and control.

A Cost Driver, Sometimes Referred to as the Independent Variable