In Resource Allocation,the Needs of _______ Generally Must Be Taken

question 76

Multiple Choice

In resource allocation,the needs of _______ generally must be taken care of before resources can be devoted to other activities.

• A) growth
• B) reproduction
• C) fecundity
• D) defense
• E) maintenance

---

Definitions:

Activity Rates

In activity-based costing, the cost allocation rate for each activity cost pool, allowing for more accurate product or service costing.

Customer Margin

The profit margin that is generated from a specific customer, calculated by subtracting the costs associated with serving that customer from the revenue earned from them.

Idle Capacity

Unused or underused production capacity within a business, often leading to inefficiency and increased costs.

Time-Driven Activity-Based Costing

A costing methodology that assigns costs to products or services based on the time resources are consumed in producing them.