Question

Off your own knowledge and research look at Universitys costs, pick a cost that a normal University incurs and identify the cost driver that is most closely associated with that cost. Explain that answer within 4 sentences

Part 1 Thinking about the University of Cincinnati's costs, pick a cost that the University incurs and identify the cost driver that is most closely associated with that cost. Explain that answer. Please note that your comment is due by Thursday at 11:59 pm.

Answer 1

The major cost a university incurs is the administration expenses.Administration of its on activities and of the affiliated colleges of the university is a costly operation associated with universities.

Its not likely to eliminate administration expenses, but can reduce the cost by taking necessary controlling steps.But self finance colleges affiliated with the universities manages their administration expenses because these expenses are handled by themselves........

administration expenses include expenses connected with salary and allowances ,examination,sports and art activities,office expenses etc...............