Question 5 (2 points) Check the box next to any statement that is true concerning cost drivers. A cost drive is a cost that creates an activity. n In an activity-based costing system, all cost drivers regardless of its significance, are identified The accuracy of the process depends on the degree of correlation between consumption of the activity and consumption of the cost driver. When inspection cost is selected as an activity cost pool, the number of inspections should be used as the base when the time required for each inspection varies greatly When designing an activity-based costing system, cost-benefit analysis should be used when deciding how many cost pools to use. nThe choice of cost drivers will have positive behavior effects on decision makers Save