_____ Is Another Term for Variable Costing

question 72

Multiple Choice

_____ is another term for variable costing.

• A)Full costing
• B)Direct costing
• C)Traditional costing
• D)Absorption costing

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Definitions:

Invoice No.

A unique identifier for an invoice document that facilitates tracking of sales and payments.

Fiscal Period

A specific duration of time used for accounting purposes, such as a month, quarter, or year, over which financial records are kept.

Accounts Payable

Liabilities owed by a business to its suppliers or vendors for goods and services purchased on credit.

Dividends

Portions of a company's earnings paid out to shareholders as a reward for their investment.