The Final Step of Activity-Based Costing Assigns Overhead Costs to Pools

question 17

True/False

The final step of activity-based costing assigns overhead costs to pools rather than to products.

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Definitions:

Concentration Gradient

Difference in the relative abundance of a substance among regions of a container; allows the substance to diffuse from an area of higher concentration to an area of lower concentration.

Diffusion

The movement of molecules from an area of higher concentration to an area of lower concentration, a fundamental process in biology and chemistry.

Negatively Charged

Having more electrons than protons, resulting in a net charge that is less than zero.

Protein Anions

Negatively charged proteins that play various roles in cellular functions, including maintaining cell structure and function.