The True Statement in Relation to Direct Costing Is

question 56

Multiple Choice

The true statement in relation to direct costing is:

• A) it only recognised direct materials as a product cost.
• B) it is sometimes called adaptable costing.
• C) it treats all costs as period costs.
• D) it only recognises as product costs those factory costs that vary with production.

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Definitions:

Antioxidants

Substances that can prevent or slow damage to cells caused by free radicals, often found in foods.

Free Radicals

Unstable atoms or molecules with unpaired electrons that can cause damage to cells, proteins, and DNA by stealing electrons from other molecules.

Longevity

The length of time that an individual lives or a thing lasts.

Maximum Life Span

The longest period an individual member of a species is known to have lived, considering genetic and environmental factors.