While the basic costing structure for entities is similar, the number of cost pools and types of cost driver used are dependent upon the entity's specific cost information needs.

Question

Quizplus · Accepted Answer

Entities tailor their costing structure, including the number and types of cost pools and cost drivers, to meet their unique information needs and to accurately allocate costs based on their specific activities and cost behaviors.

While the Basic Costing Structure for Entities Is Similar, the Number