Which of the Following Costing Methods Is a Before-The-Fact Simplification

question 50

Multiple Choice

Which of the following costing methods is a before-the-fact simplification method that eliminates the first stage of assigning costs to activities of activity-based costing (ABC) system and dramatically simplifies the assignment of cost of resources to activities?

• A)Functional-based costing
• B)Duration-based costing
• C)Absorption costing
• D)Batch-level costing

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Definitions:

Nonverbal Communication

The process of conveying a message without the use of words, which can include gestures, facial expressions, and body language.

Conveys Emotions

The process of expressing or communicating feelings to others through verbal language, facial expressions, body language, or artistic means.

Proxemics

The study of people’s use of interpersonal space.

Interpersonal Space

The physical distance maintained between individuals during social interactions, influenced by cultural norms and personal preferences.