Which of the Following Statements Is True Concerning Activity-Based Costing

question 70

Multiple Choice

Which of the following statements is true concerning activity-based costing (ABC) ?

• A)ABC can only be used in manufacturing.
• B)ABC can be used for manufacturing,marketing,or administrative activities.
• C)ABC should only be used for service companies.
• D)ABC can be used for manufacturing and administrative activities,but not for marketing activities.

Comprehend the components of the marketing mix and their significance.

Recognize the impact of the Internet on market dynamics and power relationships.

Identify the components that make up a marketing program.

Understand the concept of utility and how it relates to customer satisfaction.

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Definitions:

Ergonomic Keyboard

A keyboard designed to minimize strain and discomfort, often featuring a layout that promotes natural hand, wrist, and arm positions.

Decision Makers

Individuals or entities that have the authority to make choices and establish policies or strategies.

Consumer Socialization

The process by which young people acquire skills, knowledge, and attitudes relevant to their functioning as consumers in the marketplace.

Family Life Cycle

The series of stages through which a family progresses over time, affecting purchasing behavior and marketing strategies.