Which of the Following Is Not a Way in Which

question 43

Multiple Choice

Which of the following is not a way in which needs are generally classified?

• A) Physiological.
• B) Innate.
• C) Generic.
• D) Primary.

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Definitions:

Absorption Costing

A method of inventory costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Direct Materials Costs

Costs directly traceable to the production of a product, including raw materials and component parts.

Direct Conversion

The process of changing one form of energy, material, or resource directly into another without intermediate stages.