Cost driver

A cost driver is a structural factor which determines the cost of an activity or a change in its cost. The Chartered Institute of Management Accountants defines a cost driver as:[A] cost driver is any factor which causes a change in the cost of an activity, although a different meaning is assigned to the term by the business writer Michael Porter, who states:"cost drivers are the structural determinants of the cost of an activity, reflecting any linkages or interrelationships that affect it".

Source: Wikipedia — Cost driver (CC BY-SA 4.0)

Cost driver

A cost driver is a structural factor which determines the cost of an activity or a change in its cost. The Chartered Institute of Management Accountants defines a cost driver as:[A] cost driver is any factor which causes a change in the cost of an activity, although a different meaning is assigned to the term by the business writer Michael Porter, who states:"cost drivers are the structural determinants of the cost of an activity, reflecting any linkages or interrelationships that affect it".

Source: Wikipedia "Cost driver" · CC BY-SA 4.0

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