Which of the Following Is NOT a Trait of a Traditional

question 114

Multiple Choice

Which of the following is NOT a trait of a traditional cost management system?

• A)unit-based drivers
• B)narrow and rigid product costing
• C)allocation-intensive
• D)focus on managing activities

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Definitions:

Cash Balance

The amount of cash on hand or in a bank account that is immediately available for use.

Deposit

A deposit is a sum of money placed in an account or given to a party as security for the fulfillment of a contract, often refundable after certain conditions are met.

Check Stub

A check stub is the part of a check that is kept as a record by the issuer, detailing the amount, date, and payee of the check.

Cash Balance

The amount of currency that a company or individual has on hand, including deposits in bank accounts that are available for immediate use.