Kelly was working as a chef for a restaurant chain, she was promised a salary of $3,000 per month as her gross pay. she began planning her expenses based on this amount. to her surprise, kelly found that her salary check was only for $2,452. what term describes the amount ($2,452) that kelly received in her salary check?
the amount of $2,452, which kelly received in her salary check, was her
there are no multiple choice

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?