In Activity-Based Costing, as in Traditional Costing Systems, Nonmanufacturing Costs

question 7

True/False

In activity-based costing, as in traditional costing systems, nonmanufacturing costs are not assigned to products.

---

Definitions:

Fundamental Attribution Error

A cognitive bias where people overemphasize personality traits and underestimate situational factors when explaining other people's behavior.

Situational Influences

External factors or environmental conditions that impact an individual's behavior, attitudes, or actions in a given context.

Personal Dispositions

Patterns of thought, feeling, and behavior that are unique to an individual, contributing to how one responds to their environment.

Attitudes

Attitudes are psychological tendencies expressed by evaluating entities with some degree of favor or disfavor.