Which of the following methods identify costs according to various expense categories?
A)Activity-based costing methods
B)Economic value added metrics
C)Traditional costing methods
D)Balanced scoreboard techniques

Question

Quizplus · Accepted Answer

Traditional costing methods allocate costs based on various expense categories such as direct materials, direct labor, and overhead. Activity-based costing methods focus on individual activities that drive costs, economic value added metrics evaluate the value created by a company, and balanced scoreboard techniques measure performance across multiple areas including financial and non-financial metrics.

Which of the Following Methods Identify Costs According to Various