Which of the Following Statements Is True Regarding Time-Driven Activity

question 24

Multiple Choice

Which of the following statements is true regarding time-driven activity based costs?

• A) A manager needs to determine the cost of resources for each individual item produced.
• B) This approach requires interviews and surveys from multiple managers and employees.
• C) It is more costly than the unmodified ABC system.
• D) The cost of the resources supplied to a department and the time it takes to complete the various activities of the department are useD.
• This approach only requires the cost of departmental resources and the time it takes to complete various activities in the department.

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Definitions:

Continental Crust

The thick, generally granitic part of the Earth's crust that forms the continents and continental shelves, distinguished from the denser, thinner oceanic crust.

Oceanic Crust

The outermost layer of Earth's lithosphere that lies beneath the oceans, composed mainly of basalt rock formed from volcanic processes at mid-ocean ridges.

Mantle

The most voluminous layer of Earth; located below the crust and above the core.

Thickest Crust

Refers to the part of the Earth's crust that has the greatest thickness, typically found in continents, especially under mountain ranges.