To Determine the Cost of a Product,which of the Following

question 118

Multiple Choice

To determine the cost of a product,which of the following are followed?

• A) first step, cost assignment and second step, cost allocation
• B) first step, cost accumulation and second step, cost assignment
• C) first step, cost allocation and second step, cost apportionment
• D) first step, cost absorption and second step, cost attribution

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Definitions:

Expected Excess Return

The return on an investment over the risk-free rate of return that is anticipated based on risk assessment.

Beta Coefficient

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates more volatility than the market.

One-Factor APT

A model that describes financial markets and attempts to predict the returns of securities with a single factor, usually related to economic risk.

Standard Deviation

A measure of the dispersion of a set of data from its mean, indicating volatility.