Which of the Following Statements Best Completes This Sentence: 'Activity-Based

question 51

Multiple Choice

Which of the following statements best completes this sentence: 'Activity-based costing...'

• A) asserts that cost behaviour can best be determined if the split between fixed and variable cost is ignored.
• B) has replaced standard costing as the preferred method of allocating costs to products.
• C) is based on allocating fixed overheads based on the elements that drive them.
• D) emphasises the need to obtain a better understanding of the behaviour of overhead costs.

---

Definitions:

Subliminal Stimulus

A Subliminal Stimulus is any sensory input that is below an individual's threshold for conscious perception, yet can influence thoughts, feelings, or actions.

Sensitivity To Constant Stimuli

The phenomenon whereby prolonged exposure to a constant stimulus leads to a decrease in the organism's response to that stimulus, also known as habituation.

Cognitive Theories

Theories that focus on belief systems and ways of thinking as the causes of abnormal behavior.

Alcohol Abuse

The harmful use of alcohol resulting in negative effects on an individual's health, relationships, and social standing.