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Which Is NOT a Post-Implementation Activity

question 13

Multiple Choice

Which is NOT a post-implementation activity?

Allocate materials handling costs based on different bases (e.g., direct labor-hours, material moves).
Derive activity rates for cost pools in an ABC system.
Apply overhead based on direct labor-hours using traditional costing methods.
Identify the impact of costing methods on decision making and financial reporting.

Definitions:

Trust Receipt

A document issued by a bank to a buyer who has received merchandise but not yet paid for it, acknowledging that the buyer holds the goods in trust for the bank until payment is made.

Revolving-Credit Agreement

A financial agreement permitting a business or person to lend, pay back, and re-lend funds up to an approved borrowing limit.

Commitment Fee

A fee paid by a borrower to a lender to keep a line of credit open or to guarantee a loan's terms.

Contractual Agreement

A contractual agreement is a legally binding exchange of promises or an agreement between parties that is enforceable by law.

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