When choosing among cost drivers, managers trade off level of detail, accuracy, feasibility, and costs of estimating functions.

Name: When choosing among cost drivers, managers trade off level of detail, accuracy, feasibility, and costs of estimating functions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. When managers choose cost drivers, they have to balance the level of detail needed for accuracy against the feasibility of estimating functions and the costs involved in doing so.

When Choosing Among Cost Drivers, Managers Trade Off Level of Detail