Four Basic Steps Are Used in an ABC System

question 46

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

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Definitions:

Polar Covalent Bond

A type of chemical bond where electrons are unequally shared between atoms, leading to partial electric charges.

Covalently Bonded

Atoms that are linked together by sharing pairs of electrons to achieve stability.

Ionic Bond

Type of chemical bond in which a strong mutual attraction links ions of opposite charge.

Chemical Bond

Attractive force that arises between two atoms when their electrons interact; links atoms into molecules.