Which of the following statements is true regarding activity-based costing (ABC)?
A) It is based on the concept that a single cost driver can drive all overhead costs.
B) It is based on the concept that activities drive overhead costs.
C) It is based on the concept that unit-level costs drive all overhead costs.
D) It is based on the concept that either the number of direct labor or machine hours incurred drives all overhead costs.
B
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Liability policies, such as personal liability, professional malpractice, or business liability insurance, do NOT protect the insured against
a. a personal injury on the insured's property, such as the mail carrier who slips and falls on the owner's sidewalk. b. intentional harm caused by the insured. c. claims for property damaged by the insured. d. someone injured by the insured away from home or business.
Darren was offered a promotion in exchange for a date with his supervisor. He was upset as he had no interest in dating her, yet he agreed because he really wanted the promotion. This is an example of
A. whistleblowing. B. sugging. C. social loafing. D. quid pro quo harassment. E. performance reciprocity.
The public telephone network is a good example of a circuit
switched network. Indicate whether the statement is true or false
Differentiate between a variable and an attribute