Which of the Following Is the Last Step in Developing

question 67

Multiple Choice

Which of the following is the last step in developing an activity-based costing system?

• A)estimating the total quantity of the cost driver
• B)estimating the total indirect costs of each activity
• C)identifying the activities
• D)allocating costs to the cost object

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Definitions:

Process Innovations

Introduce into operations new and better ways of doing things.

Institutional Adaptation

The process by which organizations adjust and change to meet the demands of their external environment or internal needs.

Internal Integration

The process of ensuring that different parts of an organization work together smoothly and effectively towards common goals.

External Adaptation

The process by which an organization or group adjusts and responds to changes in the external environment to survive and thrive.