What Relatively Recent Event Shows That Impacts Continue to Happen

question 15

Multiple Choice

What relatively recent event shows that impacts continue to happen in our solar system even today?

• A) a large asteroid hit a town near San Francisco and made an enormous crater
• B) a comet (which broke into more than 20 pieces) hit the planet Jupiter in 1994
• C) one of the moons of Mars collided with Mars and made a huge explosion, sending pieces throughout the solar system
• D) Pluto collided with another planet, and broke into two pieces
• E) the Mt. Pinatubo volcano in the Philippines erupted in June 1991

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Definitions:

Activity-Based Costing

A methodology for costing that detects operations in a company and assigns the costs of these operations to all products and services in proportion to their true use.

Activity Cost Pools

A method in managerial accounting where costs are aggregated according to the activities that incur them, for more accurate allocation.

Product Units

Individual items or outputs produced by a manufacturing or production process.

Materials Handling

The process of handling, safeguarding, storing, and managing materials and goods all through the stages of production, warehousing, distribution, usage, and discarding.