Finding a strong statistical association between an activity cost and an activity driver can provide evidence to managers about the correctness of a driver selection.

Question

Quizplus · Accepted Answer

A strong statistical association between an activity cost and an activity driver indicates that the driver has a significant impact on the cost. This provides evidence to managers that the selected driver is appropriate and accurate for cost analysis and resource allocation decision-making.

Finding a Strong Statistical Association Between an Activity Cost and an Activity