Which of the Following Statements Is Characteristic of ABC

question 100

Multiple Choice

Which of the following statements is characteristic of ABC?

• A)A vital attribute of an ABC database is the cost of individual departments.
• B)The ultimate objective of activity classification is to build heterogeneous cost pools.
• C)When unbundling general ledger costs to an ABC database,we are more concerned about "How are the dollars spent?" than "What is spent?"
• D)ABC costs are calculated once used until the product is discontinued.

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Definitions:

Renewable Energy

Energy from resources that are naturally replenishing, such as solar, wind, water, and geothermal heat.

Short-termism

The concentration on short-term projects or objectives for immediate profit at the expense of long-term security.

Resource Constraints

Limits on the availability of factors of production that reduce a company’s ability to produce goods and services.

Institutional Investors

Organizations that invest large amounts of money on behalf of their members, including pension funds, insurance companies, and mutual funds.