The Following Four Steps Are Necessary in Order to Use

question 61

Multiple Choice

The following four steps are necessary in order to use an activity-based costing system:
1) Compute the allocation rate for each activity.
2) Identify activities and estimate their total costs.
3) Identify the cost driver for each activity and then estimate the quantity of each driver's allocation base.
4) Allocate the indirect costs to the cost object.
In what order are these steps performed?

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

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Definitions:

Heterozygous

Having two different alleles for a particular gene, one inherited from each parent, which can lead to variation in genetically determined traits.

Polygenic

Describing a trait or condition influenced by multiple genes, contributing to the complexity of genetic inheritance and variations in phenotype.

Observable Characteristics

Traits or features of an organism that can be seen or measured, such as physical appearance and behavior.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.