Question: Activity - based and Volume - based cost drivers are often considered the best fit for cost estimation because: Multiple Choice They require the input
Activitybased and Volumebased cost drivers are often considered the best fit for cost estimation because:
Multiple Choice
They require the input of subject matter experts in the firm.
They are inherently able to ignore certain factors like seasonality.
They are the most commonly used cost drivers in any organization.
They are approximately linear within the relevant range of an operation.
They often times are the least expensive cost drivers to implement.
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