A Cost Hierarchy Describes

question 141

Multiple Choice

A cost hierarchy describes

• A)a technique for direct cost tracing.
• B)the process of arranging costs by importance.
• C)the logic of segregating costs by value-chain classification.
• D)the logic of separating one indirect cost pool into multiple pools according to activity level.
• E)a technique of differentiating fixed and variable costs.

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Definitions:

Stable

Describes an entity, such as an economy or structure, that is not likely to change or fail; marked by reliability or consistency.

Corporal Punishment

Physical punishment, such as caning or flogging, used as a method to discipline.

Physical Force

The use of bodily strength or power as a means to impact, manipulate, or control persons or objects.

Illegal

Contrary to or forbidden by law.