Which of the Following Is the Proper Sequence of Events

question 10

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)Identification of cost drivers, assignment of costs to products, calculation of pool rates, identification of cost pools.

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Definitions:

Organ

A group of tissues in a living organism that have been adapted to perform a specific function, such as the heart or liver.

Cavity

An empty or hollow space within the body or one of its organs, often referring to areas like the abdominal cavity.

Blood Vessels

Tubular structures in the body responsible for transporting blood to and from the heart and throughout the body, including arteries, veins, and capillaries.

Striated Involuntary

Relating to muscle tissue that is marked by a pattern of stripes or striations and is not under conscious control, such as the heart muscle.