Variable Costing Is Acceptable for Which of the Following Purposes

question 17

Multiple Choice

Variable costing is acceptable for which of the following purposes?

• A)GAAP reporting
• B)Internal reporting
• C)Reporting to the IRS
• D)All of these ans choices are correct

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Definitions:

Tingling

A sensation of slight prickling, stinging, or numbness, often indicating a minor irritation or the beginning of a sensory experience.

Somatosensory Cortex

A region of the brain in the parietal lobe that processes sensory information from the body, including touch, temperature, and pain.

Parietal Lobes

Lobes at the top of the brain’s cerebral cortex; they contain areas that receive information on pressure, pain, touch, and temperature as well as handle attention and awareness of spatial relationships.

Pressure

The force applied perpendicular to the surface of an object per unit area over which that force is distributed.