Which of the Following Is/are Impacted by Decision Making

question 26

Multiple Choice

Which of the following is/are impacted by decision making?

• A) business strategy
• B) product design
• C) customer interaction
• D) all of these

---

Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities they require.

Activity Rate

A predetermined overhead rate in activity-based costing. Each activity cost pool has its own activity rate which is used to apply overhead to products and services.

Estimated Overhead

Projected costs for running a business that does not directly tie to specific product manufacturing, such as rent, utilities, and management salaries.

Direct Labour-Hours

The total hours of work directly contributed by labor to the production of goods.