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A holder in due course must meet all of the following conditions except:
Activity-based Costing
A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.
Production Order
A document issued to the manufacturing shop floor to produce a specific quantity of material within a certain timeframe.
Batch-level Activity
Activities and costs that are incurred whenever a batch of goods is produced, regardless of the size of the batch.
Activity Cost Pool
A grouping of all the costs related to a particular activity in the activity-based costing method.
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