In the _____ Phase of the Decision-Making Process,data Is Collected

question 57

Multiple Choice

In the _____ phase of the decision-making process,data is collected from internal and external sources and processed.

• A)choice
• B)intelligence 
• C)implementation
• D)design 

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Definitions:

Overhead

General, ongoing costs to operate a business that aren’t directly tied to producing a product or service, such as rent, utilities, and insurance.

Activity-Based Costing

A financial method which identifies organizational activities and assigns each activity's costs to products and services based on the actual amount they consume.

Activity Cost Pools

Collections of overhead costs assigned to specific activities, used in activity-based costing to allocate costs more accurately.

Activity Rates

Rates used in activity-based costing to allocate costs to products or services based on the activities they require.