What Is an Activity Base

question 50

Multiple Choice

What is an activity base?

• A) It is the largest single category of cost in a company.
• B) It is a fixed cost that cannot be avoided.
• C) It is a measure of whatever causes a variable cost to be incurred
• D) It is an indirect cost that is essential to the business.

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Definitions:

Transcendent

Independent of. In the philosophy of religion, a transcendent God is one who is distinct and separate from the universe he created. This is contrasted with the concept of an immanent God, for example, in pantheism, where God is identical with his creation, or, to take a different example, in certain forms of humanism, in which God is identical with humankind. (G. W. F. Hegel argued such a thesis.)

Existence

Refers to the state or fact of being real or living, or of being present in a particular situation or under specific conditions.

Relate

To relate means to establish a connection or association between two or more entities, concepts, or people.

Immanuel Kant

A German philosopher who is a central figure in modern philosophy, known for his contributions to epistemology, ethics, and aesthetics, particularly his theory of transcendental idealism and the categorical imperative.