Which of the Following Is a More Descriptive Term of the Type

question 16

Multiple Choice

Which of the following is a more descriptive term of the type of cost accounting often called "variable costing"?

• A)Prime costing
• B)Out-of-pocket costing
• C)Direct costing
• D)Relevant costing

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Definitions:

Parallel Distribution

A method of distribution where products are sold through channels that are not authorized by the original manufacturer.

Multiple Level Selling

A marketing strategy that involves selling products through a network of distributors or representatives who earn income from both direct sales to customers and the sales of recruited team members.

Multibrand Strategy

A marketing strategy that involves selling multiple competing brands within a single company's portfolio.

Perceived Value

The value a consumer assigns to a product based on their personal assessment rather than its objective market value.