Which of the Following Is Not a Use of Home

question 20

Multiple Choice

Which of the following is not a use of home ownership?

• A)Providing shelter.
• B)Short-term investment.
• C)Providing pleasure to its occupants.
• D)All of the above are uses of home ownership.
• E)Both b and c are not uses of home ownership.

---

Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.

Fixed Manufacturing Overhead

Costs that do not vary with the level of production output, including rent, salaries of permanent staff, and depreciation of factory equipment.

Production Volume

The total quantity of goods or products that a factory or production system can produce over a specific period.

Sales Volume

Refers to the total number of units sold within a given period.