Which of the Following Would Be Associated with a Functional-Based

question 33

Multiple Choice

Which of the following would be associated with a functional-based cost accounting information system?

• A)setup costs assigned to products using the number of setups as the driver
• B)materials handling costs assigned to products using the number of moves as the activity driver
• C)customer service costs assigned to products using the number of complaints as the activity driver
• D)purchasing costs assigned to products using number of direct labor hours as the activity driver

---

Definitions:

Supply Of Loanable Funds

The total amount of funds available for borrowing in the financial markets, determined by savings and the monetary policy.

Open-Economy Macroeconomic Model

A framework for analyzing economies that engage in international trade, considering the impact of exchanges between domestic and foreign markets.

Trade Policies

Trade policies comprise laws and regulations governing international trade, including tariffs, trade agreements, and import/export controls, to protect domestic industries and manage economic relationships.

Trade Balance

The value of a nation’s exports minus the value of its imports; also called net exports.