Which of the Following Statement/s Is/are True

question 63

Multiple Choice

Which of the following statement/s is/are true?

• A) Weighted average costs provide a better basis for cost control than FIFO costs.
• B) Weighted average costs provide a better basis for performance evaluation than standard costs.
• C) Cost per equivalent unit provides a measure of production efficiency.
• D) Weighted average costs provide a better basis for cost control than FIFO costs AND cost per equivalent unit provides a measure of production efficiency.

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Definitions:

External Need

A requirement or desire that originates from outside an individual, often driven by social, cultural, or environmental factors.

Unpleasant

Causing discomfort, displeasure, or aversion; not enjoyable or pleasing.

Relaxation Training

A therapeutic technique aimed at teaching individuals how to reduce tension and anxiety through specific exercises such as deep breathing or progressive muscle relaxation.

Conditions

Broadly refers to the various states of health or existence circumstances, whether physical, mental, environmental, or situational.