Which of the Below Statements Are Correct

question 23

Multiple Choice

Which of the below statements are correct?

• A) The Supreme Court has held that child abuse victims could not testify by closed-circuit television.
• B) States are required to establish and maintain a public school system.
• C) School children have no First Amendment rights.
• D) All of the above statements are false.

---

Definitions:

Unit Product Cost

The total cost (including materials, labor, and overhead) divided by the number of units produced, indicating the cost to produce each unit of product.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.

Unit Product Cost

The total cost (both variable and fixed costs) associated with producing a single unit of a product.

Variable Costing

A method of inventory costing that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs, excluding fixed manufacturing overhead.