Which of the Following Statements Is FALSE

question 87

Multiple Choice

Which of the following statements is FALSE?

• A)Operating profit under absorption costing is higher than operating profit under variable costing when production units exceed sales units.
• B)Absorption costing allocates fixed manufacturing overhead to actual units produced during the period.
• C)Nonmanufacturing costs are expensed in the future under variable costing.
• D)Fixed manufacturing costs in ending inventory are expensed in the future under absorption costing.

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Definitions:

Neuroleptics

A class of medication used primarily to manage psychosis, notably in schizophrenia.

MAO Inhibitors

A class of antidepressant drugs that work by inhibiting the activity of monoamine oxidase, thus increasing levels of certain neurotransmitters in the brain.

Antidepressant Drugs

Medications designed to alleviate symptoms of depression by influencing brain chemicals associated with mood and emotions.

Tricyclics

A class of antidepressant medications that work by increasing the levels of certain neurotransmitters in the brain to help improve mood.