Which one of the following is required in order for an activity base to be...
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Accounting
Which one of the following is required in order for an activity base to be useful in cost behavior analysis? The activity level should be an approved GAAP activity base. The activity should always be a fixed amount. There should be a correlation between changes in the level of activity and changes in costs. The activity should always be based on the number of units produced. 
Which one of the following is required in order for an activity base to be useful
in cost behavior analysis?
The activity level should be an approved GAAP activity base.
The activity should always be a fixed amount.
There should be a correlation between changes in the level of activity and changes in
costs.
The activity should always be based on the number of units produced.
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