Which Accounting Policy for Manufacturing Fixed Costs Is Likely to Favour

question 58

Multiple Choice

Which accounting policy for manufacturing fixed costs is likely to favour managers whose firms are subject to political scrutiny?

• A) Direct costing;
• B) Absorption costing;
• C) LIFO assuming prices are falling;
• D) FIFO assuming prices are rising;
• E) E: None of the given answers.

---

Definitions:

Status Offenses

Behaviors that are considered violations of law only because of the age of the offender, such as truancy or underage drinking.

Juvenile

A young person or animal, especially one that has not yet reached maturity.

Psychotherapy Outcome

The result or consequence of a psychotherapy treatment, often measured in terms of client satisfaction, symptom reduction, or improved quality of life.

Meta-analyses

Statistical techniques that synthesize data from multiple studies to generate more robust conclusions than can be provided by any single study.