An Adaptation of ABC Costing That Simplifies ABC by Assigning

question 93

Multiple Choice

An adaptation of ABC costing that simplifies ABC by assigning resource costs directly to cost objects is called:

• A)Activity analysis.
• B)Multistage ABC.
• C)Time-Driven ABC.
• D)Resource Consumption Accounting.
• E)Customer profitability analysis.

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Definitions:

Competitive Benefits

Advantages offered by a company to its employees that go beyond the standard benefits package, designed to attract and retain talent by meeting or exceeding what competitors offer.

Financial Benefits

Advantages gained in monetary terms, such as increased revenue, cost savings, or improved profit margins.

Tax Advantages

Financial benefits derived from tax laws, such as deductions or credits, which reduce the tax liability for individuals or businesses.

Reduced Debt

A financial condition indicating a decrease in the amount of money owed by an individual, company, or government.