Differences between actual and expected costs can be caused by:
A) inflation and deflation
B) inaccurate forecasting
C) unexpected improvements in production efficiency
D) all of the above

Question

Quizplus · Accepted Answer

All the options listed can cause differences between actual and expected costs: inflation/deflation affects prices, inaccurate forecasting leads to incorrect cost predictions, and unexpected production efficiency changes can alter costs.

Differences Between Actual and Expected Costs Can Be Caused By