Which of the Following Statements Is False Regarding Activities in an ABC

question 48

Multiple Choice

Which of the following statements is false regarding activities in an ABC system?

• A) As a business becomes more complex, more activities will probably need to be identified.
• B) Two different manufacturing companies that make the same products may come up with different sets of activities and cost drivers.
• C) The maximum number of activities that should be identified as batch-level is two.
• D) Overhead costs may be allocated to more than one activity.

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Definitions:

Fromm

Erich Fromm was a psychoanalyst and social psychologist known for his theories on human personality, freedom, and the need for authentic human connection.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology comprising a five-tier model of human needs, from basic physiological needs to self-actualization.

Person-Centered Theory

A therapeutic approach developed by Carl Rogers emphasizing the importance of providing a supportive environment where clients can enhance their self-awareness and self-esteem.

Needs

Fundamental psychological or physiological requirements for the well-being and survival of an individual.