Which of the Following Statements Is True of Costing Systems

question 128

Multiple Choice

Which of the following statements is true of costing systems?

• A) Single-indirect cost pool systems always result in overcosting of products.
• B) Single-indirect cost pool systems classify some direct costs as indirect costs.
• C) ABC systems always result in overcosting of products.
• D) ABC systems classify some indirect costs as direct costs helping to improve processes

Utilize formulas for growing annuities and perpetuities to resolve real-life financial planning scenarios.

Evaluate the effect of incremental increases in periodic contributions on the future value of investments.

Calculate the present value of indexed annuities with payments that grow at a specified rate.

Determine the interest rate required to meet specific financial goals in perpetuity.

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Definitions:

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced or punished, leading to an increase or decrease in the occurrence of that response.

Negative Reinforcer

An unpleasant or aversive stimulus that, when removed or avoided after a behavior, increases the likelihood of that behavior occurring in the future.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.

Variable-Ratio

A schedule of reinforcement where a response is reinforced after an unpredictable number of responses, often used in behaviorist conditioning.