Which of the Following LEAST Explains the Existence of Cultural

question 7

Multiple Choice

Which of the following LEAST explains the existence of cultural generalities?

• A) cultural borrowing
• B) globalization
• C) colonialism
• D) isolationism
• E) trade

---

Definitions:

Traditional Costing Method

An accounting approach that assigns manufacturing overhead costs to products based on a volume metric like direct labor hours or machine hours.

Activity-Based Costing

A costing methodology that assigns costs to products based on the amount of resources used for specific activities, such as manufacturing or selling.

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process of a product.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, enhancing cost precision.