Which of the Following Statements Is True

question 94

Multiple Choice

Which of the following statements is true?

• A) Absorption costing income exceeds variable costing income when units produced and sold are equal.
• B) Variable costing income exceeds absorption costing income when units produced exceed units sold.
• C) Absorption costing income exceeds variable costing income when units produced are less than units sold.
• D) Absorption costing income exceeds variable costing income when units produced are greater than units sold.

---

Definitions:

Day Of Deposit

The day on which funds are deposited into a bank account, which starts the process of the funds being cleared and made available for use.

Multiple Forgeries

The act of falsifying or making unauthorized copies of documents, signatures, or artworks on more than one occasion.

Altered Checks

Checks that have been tampered with or modified unauthorizedly, affecting the intended payment amount or recipient.

Statement Of Account

A record of the transactions and balances between two parties, typically used in billing and account management.