Consider the Following Statements Regarding Cost Allocation

question 49

Multiple Choice

Consider the following statements regarding cost allocation.i.Allocation of budgeted costs is preferred to actual cost as this minimises the possibility that the actions of one user department will affect the costs allocated to another user department
Ii) Allocation of standard budgeted rates is preferred,so the user department does not have to bear the inefficiencies of support departments.
Iii) Knowing the standard rates in advance allows the user departments to plan their activities with greater certainty.Which statement/s is/are true?

• A) i
• B) i and ii
• C) i,ii and iii
• D) ii and iii

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Cigarette Smoking

The process of breathing in and out the smoke from tobacco or a drug.

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The act of using tobacco products, including smoking cigarettes, cigars, or pipes, and using smokeless tobacco.

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The probability of developing cancer, influenced by genetic, environmental, and lifestyle factors.

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A mood-altering chemical frequently found in drinks such as beer, wine, and liquor, known for its ability to change one's mood and actions.