An Activity Center Is an Organizational Unit

question 131

Multiple Choice

An activity center is an organizational unit

• A)that makes a single product or performs a single service.
• B)in which only value-added activities are performed.
• C)that incurs only unit,batch,or product/process level costs.
• D)for which management wants separate activity information.

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Definitions:

GST Returns

A tax form that businesses must fill out to report the income collected through Goods and Services Tax (GST).

Remitted

The process of sending money in payment or as a gift.

Photographic Equipment

Devices and accessories used in the process of capturing images, such as cameras, lenses, tripods, and lighting equipment.

Add-On Option

A feature that can be added to a financial product or service, often for an additional cost, providing extra benefits or coverage.