The Variable Costing Format Is Often More Useful to Managers

question 35

Multiple Choice

The variable costing format is often more useful to managers than the absorption costing format because

• A)costs are classified by their behavior.
• B)costs are always lower.
• C)it is required for external reporting.
• D)it justifies higher product prices.

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Definitions:

Disciplining Employees

The process of enforcing rules and applying penalties for violations to maintain order and performance within a workplace.

Sender

In communication, the individual or entity that initiates or transmits a message.

Receiver

In communication, the individual or group who perceives and processes a message sent by a sender.

Stereotyping

The act of assigning fixed, oversimplified images or ideas to specific groups or individuals, often based on limited or biased information.