The two categories of cost drivers are Structural Cost Drivers and Exceptional Drivers.Select one:TrueFalse
Question
Solution
Statement Analysis
The statement presents two categories of cost drivers: Structural Cost Drivers and Exceptional Drivers. To determine if this statement is true or false, we need to examine the definitions and classifications within cost management.
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Structural Cost Drivers: These typically relate to the fundamental characteristics of an organization’s operations and strategy, such as the scale of operations, technology used, and overall organizational structure.
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Exceptional Drivers: This term is less standard in the traditional classifications of cost drivers. Usually, cost drivers are more commonly categorized into structural, resource, and operational drivers.
Conclusion
Given that "Exceptional Drivers" is not a widely recognized category, the statement seems to be incorrect. Hence, the correct response to the statement is:
Final Answer
False.
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