The Difference Between Actual Costing and Normal Costing Is ________

question 190

Multiple Choice

The difference between actual costing and normal costing is ________.

• A) normal costing uses actual quantities of direct-costs
• B) actual costing uses actual quantities of direct-costs
• C) normal costing uses budgeted indirect-costs
• D) actual costing uses actual quantities of cost-allocation bases

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Definitions:

Corporate Culture

The shared values, beliefs, attitudes, and standards that characterize members of an organization and define its nature.

Business Clothes

Clothing that is appropriate for a professional workplace environment, often including suits, dress shirts, blazers, and formal shoes.

Product Approach

An approach in which the salesperson places the product on the counter or hands it to the customer, saying nothing.

Demonstrations

Live or virtual showcases of a product's features and benefits, designed to educate potential customers and encourage them to make a purchase.