Grizzly Delivery Determines the Cost Per Delivery by Summing the Average

question 45

Multiple Choice

Grizzly Delivery determines the cost per delivery by summing the average cost of loading,unloading,transporting,and maintenance.What costing approach does Grizzly Delivery use?

• A)job-order
• B)unit-based
• C)process
• D)activity-based

---

Definitions:

Goods Sold

Refers to products that have been sold and transferred from the seller to the buyer.

Cash Purchase Discount

A reduction in the amount paid for goods or services in exchange for paying in cash rather than credit.

Interest Expense

The cost incurred by an entity for borrowed funds, often a significant component of financial expense in the income statement.

Late Payment

A situation where a borrower has failed to make loan or debt repayments by the due date, often resulting in penalties.