Cost drivers measure the amount of an activity performed to explain activity costs.

Name: Cost drivers measure the amount of an activity performed to explain activity costs.
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Question

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Cost drivers are used to measure the amount of activity performed to explain and allocate the costs associated with that activity. They help to identify the factors that affect the cost of an activity, which in turn helps in managing and controlling costs.

Cost Drivers Measure the Amount of an Activity Performed to Explain