Disintermediation Resulted from

question 61

Multiple Choice

Disintermediation resulted from

• A)interest rate ceilings combined with inflation-driven increases in interest rates.
• B)elimination of Regulation Q (the regulation imposing interest rate ceilings on bank deposits).
• C)increases in federal income taxes.
• D)reserve requirements.

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Definitions:

Activity-Based Costing

A pricing strategy that allocates overhead and indirect expenses to associated goods and services in proportion to their use of resources.

Total Minutes

This term often refers to the total amount of time calculated for a particular process, activity, or operational measurement.

Time-Driven

A method or system that calculates costs based on the time resources are used.

Activity-Based Costing

A cost distribution method that identifies operations within an entity and allocates the cost of these operations to each product and service according to their actual utilization.