A forecast of a cost at a particular level of activity is known as:
A) cost estimation.
B) cost prediction.
C) cost behavior.
D) cost analysis.
E) cost approximation.

Name: A forecast of a cost at a particular level of activity is known as: A) cost estimation. B) cost prediction. C) cost behavior. D) cost analysis. E) cost approximation.
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Question

Quizplus · Accepted Answer

Cost prediction refers to the forecast of a cost at a particular level of activity, estimating future costs based on expected activity levels.

A Forecast of a Cost at a Particular Level of Activity