The account analysis method classifies cost accounts with respect to the identified cost driver.

Name: The account analysis method classifies cost accounts with respect to the identified cost driver.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

The account analysis method identifies the cost drivers and then classifies cost accounts based on their relationship with the cost drivers. This method helps in understanding the cost behavior of different cost accounts and facilitates the process of cost management.

The Account Analysis Method Classifies Cost Accounts with Respect to the Identified