A Costing Technique That Assigns Costs to Cost Objects Such

question 127

Multiple Choice

A costing technique that assigns costs to cost objects such as products or customers, based on the activities those cost objects require is referred to as

• A)activity-job costing.
• B)activity-based costing.
• C)activity-pool costing.
• D)activity-trace costing.

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Definitions:

Sensations

The initial process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.

Hippocrates

Often called the "Father of Medicine," a Greek physician of the Age of Pericles, who is credited with establishing medicine as a profession through ethical and systematic practices.

Scientific Psychology

The branch of psychology that uses scientific methods to study and understand human behavior and cognitive processes.

Freud

Psychoanalysis, a method devised by Austrian neurologist Sigmund Freud, focuses on treating psychopathology through conversational therapy between patients and psychoanalysts.