Which of the Following Statements About the Use of Direct

question 41

Multiple Choice

Which of the following statements about the use of direct labour as a cost driver is false?

• A)Direct labour is the most commonly used cost driver in traditional product costing systems when calculating a predetermined overhead rate.
• B)Direct labour is gaining importance in many manufacturing applications with respect to being a significant cost driver.
• C)Direct labour is an inappropriate cost driver to use if a company is highly automated.
• D)If direct labour is a good cost driver, increases in direct labour are matched with increases in manufacturing overhead.
• E)Companies can use either direct labour cost or direct labour hours as a cost driver.

Grasp the basic concepts of screen resolution and user interface components in programming.

Learn how to handle exceptions and errors in Swing programs.

Develop an understanding of object-oriented programming principles applied to Java GUI development.

Understand the lifecycle and termination of Swing programs.

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Definitions:

Subsidiary

A company controlled by another company, known as the parent company, usually through ownership of more than 50% of its voting stock.

Indirect NCI

An accounting term referring to the portion of equity in a subsidiary not directly attributable to the parent company, calculated on a proportional basis.

Ownership Interest

A stake or share in an asset or entity, giving the holder a claim to a portion of its equity or assets and possibly a share in its profits.

Limited

A form of corporate structure whereby the shareholders' liability is limited to the capital they have invested in the company.