Which of the Following Statement Accurately Describes Activity-Based Costing (ABC)

question 29

Multiple Choice

Which of the following statement accurately describes activity-based costing (ABC) ?

• A)ABC considers the entire plant to be one cost pool.
• B)ABC uses a separate cost pool for each department.
• C)ABC uses a cost pool for each activity center.
• D)ABC uses a cost pool for each industry.

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Definitions:

Estrus

A phase in the female reproductive cycle of mammals signifying when they are sexually receptive and fertile.

Sexual Receptivity

Refers to the willingness or readiness of an individual, usually within the context of the animal kingdom, to engage in sexual activity, often determined by hormonal cycles.

Sex Hormone

Chemical substances produced by the body that regulate sexual development, reproductive cycles, and sexual behavior, including estrogen, testosterone, and progesterone.

Confounding Variable

An external influence that can affect the results of an experiment by introducing a variable the researchers hadn't considered, which can create a false association between the study's variables.