Examlex
Opposition to the FASB review of APB No.25 on stock options arose because stock options do not involve a cash outflow,and to treat them as an expense violates materiality.
High-volume Products
Items that are produced in large quantities, typically benefiting from economies of scale in manufacturing processes.
Low-volume Products
Items that are produced or sold in relatively small quantities, often requiring specialized manufacturing processes.
Activity-based Costing
A costing method that assigns costs to products or services based on the activities required for their production or delivery.
Activity Cost Pools
A grouping of all costs related to a particular activity, used in activity-based costing to allocate costs more accurately.
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