Which of the Following Does Activity-Based Costing Consider to Be

question 185

Multiple Choice

Which of the following does activity-based costing consider to be the fundamental cost object?

• A)Direct labor hours
• B)Activities
• C)Direct materials
• D)Finished goods

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Definitions:

Attachment

A legal procedure by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor or sold for benefit of the creditor.

Filing

The process of submitting documents to a designated body or authority (such as a court or public office) for official recording and recognition.

Continuation Statements

Documents filed to continue the effectiveness of a UCC financing statement beyond its original expiration date.

Financing Statement

A document filed to give public notice of a secured party's interest in the debtor's personal property, usually in connection with securing a loan.