The Fair Labor Association:
a. Is a group of companies with international labor pools.
b. Is a group of colleges and universities dedicated to human rights issues in employment.
c. Is a federal agency in the United States.
d. Does not count Nike as a member.
e. None of the above
.B
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Because Activity-Based Costing considers the resources each product actually uses, it
A) results in product costs being calculated more accurately. B) computes allocation rates based primarily on direct labor rates. C) ultimately calculates a single plantwide allocation rate. D) can only be used in companies which have process costing.
Not caring about your topic, but pretending you do, is an example of which common introductory blooper?
a. Pretending to be something you are not b. Relying on gimmicks c. Being long winded d. Not establishing credibility
In applying the principles of ABC to nonmanufacturing activities, the main goal is to:
a. determine the total cost of a product or service. b. determine the unit–level costs. c. determine the manufacturing cost of a product or service. d. arbitrarily allocate the overhead costs to products and services.
Normally reserve Plain English for paper documents such as reports and letters
a. true b. false