All Exceptions Are Instances of Classes That Extend the __________

question 47

Multiple Choice

All exceptions are instances of classes that extend the __________ class.

• A) RunTimeException
• B) Throwable
• C) Error
• D) Exception

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Definitions:

Traditional Costing Method

A method of accounting that assigns costs to products based on an average overhead rate. It tends to allocate indirect costs based on a single, volume-based cost driver.

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific activities, providing more accurate product or service costing.

Direct Labor-Hours

A measure of the time workers spend on a specific task or production, often used for costing purposes.

Traditional Costing Method

An accounting approach that assigns manufacturing overhead costs to products based on a volume metric like direct labor hours or machine hours.