A Cost Hierarchy and a Bill of Activities Are Tools

question 85

True/False

A cost hierarchy and a bill of activities are tools for the implementation of activity-based costing.

---

Definitions:

Casing Ply Cord

Casing ply cord is a component of tire construction, made of layers of fabric cords encased in rubber, providing structure and support.

Lead-Acid Wet Cell Battery

A type of rechargeable battery consisting of lead and lead oxide plates, submerged in an electrolyte solution, widely used in automobiles.

Completely Discharged

A state where a battery or capacitive device has released all its stored energy, requiring recharging.

Freeze

The process where a liquid turns solid due to low temperatures, or a system becomes unresponsive due to software issues.