Which of the Following Is the Simplest and Most Often

question 52

Multiple Choice

Which of the following is the simplest and most often used method for predicting the future performance of a candidate for promotion?

• A)prior performance
• B)aptitude tests
• C)assessment centers
• D)psychological exams

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Definitions:

Variable Costing

An accounting method where only variable manufacturing costs are included in product costs, with fixed overhead expenses treated as period costs.

Variable Costing

This costing method includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.

Variable Production Costs

Costs that vary directly with the level of production output, such as raw materials andDirect labor.

Product Costs

Costs that are incurred to create a product that includes direct materials, direct labor, and manufacturing overhead.