Direct Costing May Be Used For

question 39

Multiple Choice

Direct costing may be used for:

• A) internal reporting purposes.
• B) external financial reporting purposes.
• C) income tax reporting purposes.
• D) all of these.

---

Definitions:

Autonomous Morality

The second stage in Piaget’s cognitive-developmental theory of moral development, in which children base moral judgments on the intentions of the wrongdoer and on the amount of damage done.

Objective Morality

The perception of morality as objective, that is, as existing outside the cognitive functioning of people.

Piaget's Theory

A theory of cognitive development that describes how children construct a mental model of the world through stages of learning.

Active Discovery

A learning approach where individuals learn by engaging directly with materials, environments, or situations, leading to increased understanding and retention of knowledge.