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When developing cost functions, which of the following statements is FALSE? O A. Personal observations of costs and activities provide the best evidence of

 


When developing cost functions, which of the following statements is FALSE? O A. Personal observations of costs and activities provide the best evidence of a plausible relationship between a cost and its cost driver. O B. The cost function does not have to be plausible. O-C. The cost function must be believable. O D. The cost function should explain past cost behavior.

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