Activity-Based Cost Accounting Aims at

question 14

Multiple Choice

Activity-based cost accounting aims at

• A) making cross-company comparisons of the costs of each value chain activity.
• B) dividing all company expenses into two categories: activities whose costs are variable and activities whose costs are fixed.
• C) determining the costs of each activity comprising a company's value chain by establishing expense categories for specific value chain activities and assigning costs to the activity responsible for creating the cost.
• D) determining the costs of each strategic action a company initiates.
• E) None of these accurately describes what activity-based costing is about.

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Definitions:

Descriptive/Correlational Research

A research method that involves observing and measuring phenomena to describe them and assess relationships between variables without manipulating them.

Control Events

The capacity to influence or direct the course of events through one's actions.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Scores Ranged

Refers to the variation or spread of numerical data points, often used in the context of standardized tests or assessments.