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A Unique Student ID Number Could Be Used as a _________

question 15

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A unique student ID number could be used as a _________, whereas a student's last name would not be suitable because two students might have the last name.


Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs in the cost of a product, including fixed and variable costs.

Variable Costing

A costing method that includes only variable production costs (materials, labor, and overhead) in product costs.

Net Operating Income

This represents the total profit of a company after subtracting operating expenses, excluding taxes and interest.

Variable Costing

An accounting method that considers only variable costs as product costs, with fixed costs treated as period costs.

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