"Stretching" Accounts Payable Is a Widely Accepted,entirely Ethical,and Costless Financing

question 91

True/False

"Stretching" accounts payable is a widely accepted,entirely ethical,and costless financing technique,which is particularly useful when suppliers' production plants are at full capacity .

Understand and differentiate between traditional costing and activity-based costing methods.

Calculate unit product costs using traditional costing method.

Calculate unit product costs using activity-based costing (ABC) method.

Compute predetermined overhead rates under traditional costing method.

---

Definitions:

Attractive

Having qualities that arouse interest or desire, particularly in the context of physical appearance or personal traits.

Averageness Effect

The tendency to perceive a composite image of multiple faces that have been photographically averaged as more attractive than any individual face included in that composite.

Composite Image

A visual representation created by combining multiple photographic images into a singular picture, often used in digital editing or forensics.

Halo Effect

A cognitive bias where an observer's overall impression of a person, thing, or organization influences their feelings and thoughts about that entity's character or properties.