Collecting data on the dependent variable and the cost driver may include:
A)collecting data from different entities over the same period of time.
B)interviews with managers.
C)collecting data over a long period of time.
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Collecting data from different entities over the same period of time can provide a wider range of data points to analyze. Interviews with managers can provide insights on the relevant cost drivers and potential issues that may affect the dependent variable. Collecting data over a long period of time can help identify trends and patterns in the data. All of these options are important for collecting comprehensive data on the dependent variable and cost driver.

Collecting Data on the Dependent Variable and the Cost Driver