Of All the Business Functions,_____ Is the Only Function Whose

question 93

Multiple Choice

Of all the business functions,_____ is the only function whose primary role is to bring in revenues.

• A) finance
• B) research and development
• C) human relations management
• D) marketing
• E) accounting

---

Definitions:

Unit Product Cost

The total cost associated with producing one unit of a product, including direct and indirect costs.

Variable Costing Income Statement

A financial statement that only includes variable production costs in the cost of goods sold, with fixed production costs treated as period expenses.

Absorption Costing

In this accounting technique, all manufacturing-related costs - direct materials, direct labor, variable, and fixed overheads - are factored into the product's cost.

Variable Production Costs

Costs that change in proportion to the level of production activity, such as raw materials and direct labor.