A Costing Technique That Assigns Costs to Cost Objects Such

question 127

Multiple Choice

A costing technique that assigns costs to cost objects such as products or customers, based on the activities those cost objects require is referred to as

• A)activity-job costing.
• B)activity-based costing.
• C)activity-pool costing.
• D)activity-trace costing.

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Definitions:

Distance Learning

A method of education where teachers and students are not physically present in the same location, facilitating learning via the internet or other electronic means.

No Child Left Behind Act

A U.S. federal law enacted in 2001 aimed at improving educational outcomes for all American students by increasing standards of accountability for schools, school districts, and states.

Internet

A global network of interconnected computers and servers that facilitates the exchange of data, communication, and information across the world.

Secular Society

A society where religious beliefs and institutions do not play a central role in public life or in the formulation of social and political policies.