To Add Text That Is Not Formatted as a Heading

question 48

Multiple Choice

To add text that is not formatted as a heading to the table of contents, select the text, format it as a heading, and then ____ the table of contents.

• A) modify
• B) update
• C) create
• D) change

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Definitions:

Activity-Based Costing

A method of allocating overhead and indirect costs to specific activities, providing more accurate product or service costing.

Production Stage

A specific phase in the manufacturing process where raw materials are transformed into finished goods.

Cost Driver

A factor that creates or drives the cost of activities and services, used in activity-based costing to allocate costs accurately.

Just-In-Time Purchasing

A purchasing strategy where materials are ordered and received only as they are needed in the production process, minimizing inventory costs.