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:

Phase 1

Often the initial stage of a project, research, or study, focusing on planning, research, and assessing feasibility.

Title Slide

The introductory slide in a presentation that typically includes the title and often the presenter's name and date.

Slide Number

A feature in presentation software that automatically numbers each slide in a presentation for easy identification and navigation.

Distribute

In design and layout, the act of evenly spacing objects either vertically or horizontally to ensure an aesthetically pleasing and balanced look.