Which of the Following Is an Example of an Intangible

question 89

Multiple Choice

Which of the following is an example of an intangible cost?

• A)Hardware costs
• B)Labor costs
• C)Customer goodwill
• D)Employee training

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Definitions:

Activity Rates

Rates used in activity-based costing to assign overhead costs to products or services, based on the activities that drive those costs.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate cost information.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing detailed information on where and how costs are incurred.

Product V7

A hypothetical or specific version of a product, indicating the seventh iteration or release.