Which of the Following Is the Proper Sequence of Events

question 42

Multiple Choice

Which of the following is the proper sequence of events in an activity-based costing system?

• A) Identification of cost drivers, identification of cost pools, calculation of pool rates, assignment of cost to products.
• B) Identification of cost pools, identification of cost drivers, calculation of pool rates, assignment of cost to products.
• C) Assignment of cost to products, identification of cost pools, identification of cost drivers, calculation of pool rates.
• D) Calculation of pool rates, identification of cost drivers, identification of cost pools, assignment of cost to products.
• E) None of the answers is correct.

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Definitions:

Relationship Selling

A sales approach focusing on building long-term relationships with customers, rather than on individual transactions, to foster loyalty and repeat business.

Multi-level Marketing

A strategy some direct sales companies use to encourage existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales.

Public Relations

Nonpersonal communication focused on promoting positive relations between a firm and its stakeholders.

Personal Selling

A direct marketing approach where sales representatives personally interact with potential customers to facilitate a purchase.