Four Basic Steps Are Used in an ABC System

question 79

Multiple Choice

Four basic steps are used in an ABC system. List the proper order of these steps, which are currently scrambled below:
A. Identify the primary activities and estimate a total cost pool for each.
B. Allocate the costs to the cost object using the activity cost allocation rates.
C. Select an allocation base for each activity.
D. Calculate an activity cost allocation rate for each activity.

• A)c, a, b, d
• B)a, c, d, b
• C)b, a, c, d
• D)a, d, c, b

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Definitions:

Nucleic Acids

Biomolecules essential for all known forms of life, including DNA and RNA, which carry genetic information and are involved in protein synthesis.

Nucleotides

The basic building blocks of DNA and RNA, consisting of a nitrogenous base, a sugar molecule, and one or more phosphate groups.

Building Blocks

Building blocks are the basic components from which something is constructed or developed, such as the DNA nucleotides for living organisms or basic materials for physical structures.

Karyotype

The organized profile of an individual's chromosomes, including their number, form, and size.