The prime consideration when selecting a cost driver is the accuracy of the full cost measurement.

Name: The prime consideration when selecting a cost driver is the accuracy of the full cost measurement.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The prime consideration in selecting a cost driver is indeed the accuracy of the full cost measurement, as the cost driver should accurately reflect the cause-and-effect relationship between the cost object and the costs incurred, ensuring precise allocation of costs.

The Prime Consideration When Selecting a Cost Driver Is the Accuracy