Knowledge about the relationship between costs and cost drivers helps managers ________.
A)make short run decisions
B)plan the effects of future activities
C)make long-run decisions
D)all of the above

Question

Quizplus · Accepted Answer

Understanding the relationship between costs and cost drivers helps managers make short-term decisions to control costs, plan for the effects of future activities, and make long-term decisions about investments and strategy. Thus, all of the above choices are correct.

Knowledge About the Relationship Between Costs and Cost Drivers Helps