Cattle Are Able to Survive on a Diet Consisting Almost

question 61

Multiple Choice

Cattle are able to survive on a diet consisting almost entirely of plant material because

• A)they are autotrophic.
• B)cattle,like rabbits,re-ingest their feces.
• C)they manufacture all 15 amino acids out of sugars in the liver.
• D)cattle saliva has enzymes capable of digesting cellulose.
• E)they have cellulose-digesting,mutualistic microorganisms in chambers of their stomachs.

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Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

ABC

A method of identifying and assigning costs to specific activities to improve cost accuracy and managerial decision-making.

Special Materials

Materials that are uncommon, difficult to procure, or used in specialized applications.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the resources they consume and the activities they require.