Which Costing System First Assigns Costs to Activities and Then

question 62

Multiple Choice

Which costing system first assigns costs to activities and then to products?

• A)activity-based costing
• B)production costing
• C)volume-based costing
• D)unit-level costing

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Definitions:

Market Portfolio

A portfolio consisting of all assets available in the market, with each asset weighted according to its market capitalization.

Risk-free Rate

A hypothetical yield of an investment that is considered to have no financial risk, usually mirrored by the returns on government bonds.

Abnormal Return

The difference between the actual return of an investment and the expected return given its risk and the market's performance.

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