The Following Items Are Used in Tracing Costs in an ABC

question 24

Multiple Choice

The following items are used in tracing costs in an ABC system.In which order are they used?
(1) cost object
(2) cost driver
(3) activity driver
(4) cost pool

• A)1,2,3,4
• B)2,3,4,1
• C)2,4,3,1
• D)4,3,1,2

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Definitions:

Authoritarian Role

A leadership or governing style characterized by strict obedience to authority, often at the expense of personal freedom.

Dominant Culture

The culture of the most powerful group in society, which often sets norms and standards that others may aspire to or be judged by.

Identity

The qualities, beliefs, personality, looks, and expressions that make a person or group distinct from others.

Belonging

The feeling of being accepted and included within a group, community, or society.