The Cost Method That Is Input-Oriented and Considers Costs Largely

question 106

Multiple Choice

The cost method that is input-oriented and considers costs largely uncontrollable at the planning stage is called the:

• A) Engineered-cost method.
• B) ABC costing.
• C) Discretionary-cost method.
• D) Job costing.
• E) Standard costing.

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Definitions:

Manager-Managed LLC

A limited liability company in which the management is specifically designated to one or more managers, rather than being managed by all members.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Members

Individuals or entities that are part of an organization or group and typically have certain rights, privileges, or responsibilities associated with membership.

Substantiation

The provision of evidence or proof to support a claim, allegation, or request, typically required in legal and financial contexts.