Product Costs

question 98

Multiple Choice

Product costs:

• A) Are expenditures necessary and integral to finished products.
• B) Are expenditures identified more with a time period rather than with finished products.
• C) Include selling and administrative expenses.
• D) Are costs that vary with the volume of activity.
• E) Are costs that do not vary with the volume of activity.

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Definitions:

Reinforced Behavior

Behavior that is strengthened or made more likely to occur in the future due to the consequence of a reinforcement.

Different Situation

refers to a divergent or distinct condition, circumstance, or context from what is considered normal or usual.

Primary Reinforcer

A stimulus that is naturally rewarding and satisfying, and requires no learning to become desirable, such as food or water.

Innately Satisfying

Actions or objects that are inherently pleasurable and do not require learning to be enjoyed.