A Costing System That First Assigns Costs to Activities and Then

question 81

Multiple Choice

A costing system that first assigns costs to activities and then to products is

• A) activity-based costing.
• B) job-order costing.
• C) activity-based management.
• D) volume based costing.
• E) nonunit-level costing.

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Definitions:

Memory Storage

The process by which information is encoded, stored, and retrieved in the brain, allowing for recall and use of past experiences.

Transmission

The act or process by which something is conveyed or passed on from one place, person, or thing to another.

Decay

The process of decline or deterioration, often used in reference to organic matter breaking down over time.

Processing

The series of actions or steps taken in order to achieve a particular end, often used in the context of information or data handling.