Which of the Following Do Many Companies Use When Preparing

question 15

Multiple Choice

Which of the following do many companies use when preparing the overhead budget?

• A)activity-based costing
• B)multiple drivers for a simple budget
• C)participative costing
• D)a unit-based driver such as direct labour hours

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Definitions:

Misleading

Information or statements that give a false idea or impression, leading others to believe something that is not true.

Indirect Taxes

Taxes levied on goods and services rather than on income or profits, such as sales tax or VAT.

Federal Government

The federal government is the national government of a federal country, which holds the authority to govern the nation as a whole and is composed of several separate levels, including a central governing body and state or provincial governments.

Custom Duties

Taxes imposed on the import and export of goods between countries.