Start-Up and Organization Costs Include All of the Following Except

question 79

Multiple Choice

Start-up and organization costs include all of the following except

• A)goodwill.
• B)cost of printing stock certificates.
• C)attorney's fees.
• D)state incorporation fees.

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Definitions:

Machine-Hours

A measure of production activity that quantifies the number of hours machines are operated in the manufacturing process.

Activity Rate

A measure used in activity-based costing to assign costs to activities based on their use of resources.

Activity-Based Costing

A methodology for costing that detects operations in a company and assigns the costs of these operations to all products and services in proportion to their true use.

Activity Cost Pools

A method in managerial accounting where costs are aggregated according to the activities that incur them, for more accurate allocation.