The Cost of Visiting Customers Would MOST Likely Be Classified

question 150

Multiple Choice

The cost of visiting customers would MOST likely be classified as a

• A)customer output unit-level cost.
• B)customer batch-level cost.
• C)customer-sustaining cost.
• D)corporate-sustaining cost.
• E)distribution-channel cost.

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Definitions:

Lease Payments

Regular payments made by a lessee to a lessor for the use of an asset over a specified period.

Sole Proprietor

An individual who owns and operates a business alone, bearing full responsibility for its debts and liabilities.

Schedule C

A form used by sole proprietors to report their business income and expenses to the IRS as part of their personal tax return.

Form 1040

The standard IRS form that individuals use to file their annual income tax returns, encompassing income, deductions, and credits.