Customer Profitability

question 33

Multiple Choice

Customer profitability:

• A)is reflected by gross margin.
• B)are most accurately measured using traditional costing.
• C)are most accurately measured using activity based costing.
• D)are most accurately measured using a combination of traditional costing and activity based costing.

Analyze HR issues and recommend strategic planning alignments.

Describe methods for addressing future personnel requirements.

Explain the concept of supply forecasting in HR.

Understand the importance of monitoring designated groups within organizational opportunities.

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Definitions:

Deferral

A financial term referring to the postponement of the recognition of certain revenues or expenses to a later accounting period.

Journal Entries

Records of financial transactions in the accounting system that are used to transfer amounts from one account to another.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life.