In a Country, the Web Access Through Mobile Devices Doubled

question 91

Multiple Choice

In a country, the Web access through mobile devices doubled each year since 2009 and during 2010, on average, 2 million people used Facebook each day. Which of the following environmental condition does this information portray?

• A) economic condition
• B) legal-political condition
• C) natural condition
• D) socio-cultural condition
• E) technological condition

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Definitions:

Overhead Costs

Expenses related to the operation of a business that cannot be directly attributed to a specific product or service, such as rent, utilities, and administration expenses.

Activity Rate

The predetermined overhead rate used in activity-based costing to allocate costs to products or services based on specific activities.

Activity-based Costing

A costing method that assigns costs to products or services based on the activities they require.

First-stage Allocation

The initial process of assigning overhead costs to different departments or cost centers in a business based on relevant criteria.