Time-Based Activity-Based Costing Does NOT Use Which of the Following

question 22

Multiple Choice

Time-based activity-based costing does NOT use which of the following types of data inputs?

• A) Resource data.
• B) Direct cost data.
• C) Activity data.
• D) Costs object data.

---

Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing the residual value to shareholders after debts and liabilities have been settled.

Private Placement

The sale of securities to a relatively small number of select investors as a way of raising capital.

Angels

Affluent individuals who provide capital for business start-ups, often in exchange for convertible debt or ownership equity.

Wealthy Individuals

Affluent persons with significant disposable income, often targeted by companies or fund managers as potential investors in ventures or high-value products.