The Cost Accumulation Method Required by Generally Accepted Accounting Principles

question 33

Multiple Choice

The cost accumulation method required by generally accepted accounting principles is referred to as

• A)full costing.
• B)absorption costing.
• C)either full or absorption or absorption costing is acceptable according to generally accepted accounting principle.
• D)neither full nor absorption costing is allowed by generally accepted accounting principles.

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To have a very favorable or positive opinion about someone or something.

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Non-involved or emotionally disengaged, often used to describe a person's demeanor or a method of observation.

Reclusive

Characteristic of a person who lives in solitude, avoiding contact with other people and often withdrawing from the society.

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A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating from those accepted by the individual's culture.