Which of the Following Statements Which Is Correct? the Basic

question 20

Multiple Choice

Which of the following statements which is correct? The basic principle of activity-based costing (ABC) is that:

• A) costs are absorbed on the basis of labour productivity
• B) cost units should bear the cost of the activities they cause
• C) costs are incurred only in respect of the organization's principal activities
• D) costs are apportioned to cost units via direct labour hours

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Definitions:

Monozygotic Twins

Twins that result from the splitting of a single fertilized egg, sharing nearly 100% of their genes, also known as identical twins.

Divorce

The legal dissolution of a marriage by a court or other competent body.

Children Each Year

A reference to the number or data related to children that is compiled or noted on an annual basis.

United States

A country in North America consisting of 50 states and a federal district, known for its diverse culture and significant influence on global affairs.