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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.
Self-Development
The process of improving one’s skills, knowledge, and competencies through personal efforts and activities.
Self-Fulfillment
The achievement of one's own potential or the realization of personal dreams and aspirations.
Whistle-Blowing Practices
Protocols and safeguards designed to encourage the reporting of misconduct, illegal, or unethical behavior within an organization.
Ethics Training Program
A structured educational approach designed to teach employees about the ethical principles and standards to be upheld within an organization.
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