On His Last Exam,Dennis Answered 44 Questions Correctly Out of 50

question 19

Multiple Choice

On his last exam,Dennis answered 44 questions correctly out of 50 possible.What percentage of the questions did Dennis answer correctly?

• A)44
• B)64
• C)88
• D)94

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Definitions:

Activity Cost Reduction

Initiatives or strategies aimed at lowering the costs associated with specific business activities or processes.

Activity-Based Costing

A costing method that allocates overhead and indirect costs to related products and services based on their usage of resources.

Lower-Cost Materials

This refers to choosing materials that are less expensive without significantly compromising on quality, often to reduce production costs.

Activity Rate

refers to the cost driver rate that is used in activity-based costing to allocate costs to products or services.