Question $24$

Which of the following describes a cost driver?

A factor that causes or relates to a change in the total cost of an activity.

A costing approach that assigns resource costs to cost objects based on activities performed for the cost objects.

A measure of the frequency and intensity of demand placed on a resource by an activity.

A measure of the demand placed on the resources by products, services, or customers.

An activity performed for each unit of the cost object.