Which of the Following Costing Systems Allows Management to Quickly $\text {\underline{ Actual Cost System.} }$

question 123

Multiple Choice

Which of the following costing systems allows management to quickly recognize materials,labor,and overhead variances and take measures to correct them?
$\text {\underline{ Actual Cost System.} }$              $\text {\underline{ Normal CostSystem} }$

• A)yes yes
• B)yes no
• C)no yes
• D)no no

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.