A Trait Is Defined as a Relatively Stable, Enduring Predisposition

question 249

True/False

A trait is defined as a relatively stable, enduring predisposition to behave in a certain way and is usually described in terms of a dimension that ranges between two extremes.

---

Definitions:

Overhead Applied

The allocation of overhead costs to goods produced based on a predetermined rate.

Overhead Incurred

Overhead incurred refers to the total costs associated with running a business that are not directly tied to a specific product or service.

Overhead Applied

The allocation of indirect costs to produced goods or services, based on a predetermined rate or method.

Underapplied Overhead

This refers to the situation where the allocated manufacturing overhead cost is less than the actual overhead cost incurred.