Managers also need to update cost drivers and cost-driver rates:
A)once.
B)annually.
C)twice.
D)regularly.

Question

Quizplus · Accepted Answer

Managers should update cost drivers and cost-driver rates regularly, rather than just once or twice a year. This helps ensure that cost information remains accurate and relevant, and that decisions are based on the most up-to-date data. The frequency of updates will depend on the specific business and industry, but regular updates are generally recommended.

Managers Also Need to Update Cost Drivers and Cost-Driver Rates