Under Absorption Costing,which of the Following Statements Is Not True

question 134

Multiple Choice

Under absorption costing,which of the following statements is not true?

• A)Over production and inventory buildup can occur because of how managers are evaluated and rewarded.
• B)The fixed costs per unit decline as more units are produced.
• C)Variable inventory costs are treated in the same manner as they are under variable costing.
• D)Fixed inventory costs are treated in the same manner as they are under variable costing.
• E)All manufacturing costs are assigned to products.

Understand the principles of offer and acceptance in contract formation.

Identify the conditions under which an advertisement constitutes an offer or an invitation to treat.

Recognize the role of consideration and intention in establishing a legal relationship.

Distinguish between unilateral and bilateral contracts.

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Definitions:

Push Strategy

A marketing strategy that involves taking the product directly to the customer via whatever means, ensuring the customer is aware of your brand at the point of purchase.

Pull Strategy

A marketing strategy where consumers are encouraged to demand a product, prompting retailers to stock it, effectively pulling the product through the distribution channel.