Top Management and General Administration Costs Would MOST Likely Be

question 49

Multiple Choice

Top management and general administration costs would MOST likely be classified as a:

• A)customer batch-level cost.
• B)customer-sustaining cost.
• C)customer output unit-level cost.
• D)organisation-sustaining cost.

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Definitions:

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds in its treasury for future use.

Accounting

The information system that identifies, records, and communicates the economic events of an organization to interested users.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock.

Total Assets

The sum of all resources owned by a company, expressed in monetary terms, including both current and non-current assets.