An activity or factor that causes costs to be incurred is known as a
A) cost prediction.
B) cost estimation.
C) cost driver.
D) cost behaviour.

Name: An activity or factor that causes costs to be incurred is known as a A) cost prediction. B) cost estimation. C) cost driver. D) cost behaviour.
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Question

Quizplus · Accepted Answer

A cost driver is an activity or factor that causes costs to be incurred. It is used to identify the main cause of a particular cost and can help in predicting or estimating future costs.

An Activity or Factor That Causes Costs to Be Incurred