You Would Be Expressing a "Stereotype" If You

question 85

Multiple Choice

You would be expressing a "stereotype" if you:

• A) made any generalization about people.
• B) stated an exaggerated description and applied it to everyone in some category.
• C) held an opinion about someone based on personal experience.
• D) treated everybody in an unkind way.

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Definitions:

Overhead Costs

Overhead costs refer to the indirect expenses related to the operation of a business, such as utilities, rent, and administrative salaries.

Activity-Based Costing

A technique in cost accounting which allots overhead and indirect costs to related products and services, dependent on the activities they engage in.

Activity Cost Pools

Groups of individual costs driven by the same cost drivers, used in activity-based costing to allocate costs more accurately.

Customer Margin

The profit margin that a company earns from a particular customer, taking into account all revenues and costs associated with that customer.