Activity-Based Costing Uses Only Unit-Level Drivers for Costing

question 148

True/False

Activity-based costing uses only unit-level drivers for costing.

---

Definitions:

Anonymously

Acting or producing something without revealing one's identity.

Federal Deposit Insurance Corporation

A U.S. government agency created to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions for safety, and managing receiverships.

Federal Registration

The process of officially recording something, like a trademark or document, at the federal level for recognition and protection.

State Licensing

The process or requirement by which an individual or business must obtain permission from a governmental entity to carry out certain activities.