All of the Following Are Activities in an Activity-Based Costing

question 78

Multiple Choice

All of the following are activities in an activity-based costing system that determine the cost of a manufactured product except for

• A) accounting.
• B) inspecting.
• C) machining.
• D) materials handling.

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Definitions:

Spreadsheet

A digital tool that organizes data in columns and rows, commonly used for calculations and data analysis.

Cash Flows

The complete volume of financial transactions entering and exiting a business, with a key effect on its financial fluidity.

Investing Activities

Financial transactions and events related to the acquisition or disposal of long-term assets and investments included in a company’s cash flow statement.

Long-Term Assets

Long-term assets are assets that a company expects to use for more than one year, including property, plant, equipment, and intangible assets.