Answer:
An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning cost objects such as products or services.
Explanation:
This is a costing system that works by allocating costs to different cost items based on the activity level of these items. This as opposed to traditional costing methods, assigns indirect or overhead cost to products or services less arbitrarily through identifying products or services with most activity or less activity and allocating costs to them based on this measurement.
Answer:
internal validity; external validity
Explanation:
The simulation experiment or a computer experiment is performed to verify the correctness of any program or operation and to evaluate the performance of the proposed project.
It is mainly used for the process analysis as well as for the process optimization of the experiment. Doing a simulation experiment maintains the internal validity of the experiment. It also maintains the external validity of the research that is conducted in the real world.
