A Disadvantage of Absorption Costing Is

question 39

Multiple Choice

A disadvantage of absorption costing is

• A)that it is not a useful format for decision making.
• B)that it assigns only manufacturing costs to the product.
• C)all of these
• D)none of these

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Definitions:

Corruption

The abuse of entrusted power for private gain, which can occur in both the public and private sectors.

Economic Espionage

The illegal act of stealing or attempting to steal trade secrets or proprietary information from a company for economic gain.

Utilitarianism

An ethical theory that suggests an action is right if it benefits the greatest number of people.

Business Intelligence

The strategies and technologies used by enterprises for data analysis of business information to support decision making.