If Activity-Based Costing Is Used,what Type of Activity Would Insurance

question 131

Multiple Choice

If activity-based costing is used,what type of activity would insurance on the plant be classified as?

• A)unit-level activity
• B)batch-level activity
• C)product-level activity
• D)facility-level activity

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Definitions:

Felony

A serious crime, typically one punishable by imprisonment for more than one year or by death.

Protected Financial Records

Financial documents and information that are secured by law or regulation against unauthorized access or disclosure.

Federal Law

Legislation passed by the United States Congress that applies to all states and U.S. territories.

Commercial Purpose

Activities undertaken with the intent of generating revenue or profit, often associated with business operations.