Which of the Following Statement Is False

question 47

Multiple Choice

Which of the following statement is false?

• A)All direct costs of the support department are accumulated in the department cost center.
• B)Support departments may incur both variable and fixed costs, such as salaries and wages.
• C)Support departments incur only variable factory overhead costs.
• D)General factory overhead, such as depreciation, may be assigned to a support department.

Understand the assumptions behind consumer preference and rationality in economic models.

Grasp the concept of higher indifference curves representing higher levels of total utility.

Understand the concept of utility maximization in consumer behavior.

Recognize the role of indifference curves and budget constraints in determining consumer choices.