Which of the Following Concepts Is Most Compatible with Absorption

question 50

Multiple Choice

Which of the following concepts is most compatible with absorption costing in a manufacturing environment?

• A)"the whole world is the market and the whole world is the competitor"
• B)niche marketing
• C)flexible manufacturing
• D)continuous improvement
• E)matching revenue to expense for financial reporting

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Definitions:

Federal Government

The national government of a federation, such as the United States, which holds the authority to govern a nation as a whole, distinct from state or local governments.

Slaves

People forced into servitude, deprived of personal freedom.

Harriet Tubman

An American abolitionist and political activist who escaped slavery and subsequently made some thirteen missions to rescue approximately seventy enslaved people using the network of antislavery activists and safe houses known as the Underground Railroad.

Underground Railroad

A network of secret routes and safe houses used in the United States during the early to mid-19th century to help enslaved African Americans escape to free states and Canada.