In Using an ABC System, Which of the Following Steps

question 99

Multiple Choice

In using an ABC system, which of the following steps is NOT performed before the company's year begins?

• 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.

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Definitions:

Magnetic Field

A field around a magnetic material or a moving electric charge within which the force of magnetism acts.

Induced Voltage

Voltage generated within a conductor by its motion through a magnetic field or by a changing magnetic field.

Current-Limiting

Describing devices or methods intended to limit the maximum current that can flow through a circuit, thus protecting the circuit from damage.

Impedance

A measurement of resistance to the flow of alternating current in a circuit, represented by the symbol Z and measured in ohms.