The division of activities into unit-level, batch-level, product-sustaining level, and facility-level categories is commonly known as a cost:
A)object.
B)application method.
C)hierarchy.
D)estimation method.
E)classiﬁcation scheme that is useful in traditional, volume-based systems.

Question

Quizplus · Accepted Answer

The division of activities into unit-level, batch-level, product-sustaining level, and facility-level categories is commonly known as cost hierarchy. Therefore, the best choice is C.

The Division of Activities into Unit-Level, Batch-Level, Product-Sustaining Level, and Facility-Level