In the blank next to the following terms, place the letter A through D corresponding to the best description of that term. 1. Activity 2. Activity driver 3. Cost pool 4. Cost object A. Measurement associated with an activity. B. A group of costs that have the same activity drivers. C. Anything to which costs will be assigned. D. A task that causes a cost to be incurred.
In the blank next to the following terms, place the letter A through D corresponding to the best description of that term. 1. Activity 2. Activity driver 3. Cost pool 4. Cost object A. Measurement associated with an activity. B. A group of costs that have the same activity drivers. C. Anything to which costs will be assigned. D. A task that causes a cost to be incurred.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter12: Activity-based Management
Section: Chapter Questions
Problem 21E: Activity-based management includes both process value analysis and activity-based costing. Which of...
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In the blank next to the following terms, place the letter A through D corresponding to the best description
of that term.
1. Activity
2. Activity driver
3. Cost pool
4. Cost object
A. Measurement associated with an activity.
B. A group of costs that have the same activity drivers.
C. Anything to which costs will be assigned.
D. A task that causes a cost to be incurred.
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