accounting

posted by .

Activity-based costing is:
A) the process of identifying all activities and relating these activities to the events, circumstances, or conditions that create or drive the need for the activities and the resources consumed.
B) a method of determining the most favorable decision alternative by using activities as the basis on which to build the cost proposal.
C) an approach to cost assignment in which all operating activities are identified, costs are accumulated by those activities, and after nonvalue-adding activities are dealt with, costs are assigned based on the appropriate activity base.
D) an approach to product costing in which most costs are eliminated.

  • accounting -

    is a way to allocate the overhead cost based on the activities that consumes resources.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    True/Falses 1. Period costs are not considered when costing products for inventory. 2. All direct labor costs during a period of time should be considered product costs and should be temporarily accumulated in the work in process inventory …
  2. accounting

    Multiple choice 1. The type of product costing system used by a company is dictated by the : a) plant supervisor b) project manager c) company president d) production process 2. Activity based costing traces production costs to a) …
  3. accounting

    Activity-based costing is: A)the process of identifying all activities and relating these activities to the events, circumstances, or conditions that create or drive the need for the activities and the resources consumed. B)a method …
  4. Accounting

    Identify some of Enron's conflict of interest with in: SPE activities Arthur Andersen's activities Executives activities; can somebody please tell me what they are wanting?
  5. Enron

    What was the conflicts of interest in Enron's SPE activities, Arthur Andersen's activities, and Enron's Executive activities?
  6. Geography

    Topic #3: Economic activities can be grouped by how and if they use natural recources. In a well-written essay, discuss the various levels of economic activities and how they are linked to the use of natural recources. Use examples …
  7. Geography

    question: Economic activities can be grouped by how and if they use natural resources. In a well-written essay, discuess the various levels of economic activities and how they are linked to the use of natural resources. Use examples …
  8. Managerial Accounting

    The questions in this exercise are based on JetBlue Airways Corporation. To answer the questions, you will need to download JetBlue’s 10-K/A for the year ended December 31, 2004 (10K/A with a filing date of March 8, 2005). You do …
  9. Geography

    What are the basic activities in each of the four economic activity levels?
  10. social studies

    most of the world's land is used for? A.first-level activities B.second-level activities C.third-level activities D.all three economies activities equall* Whitch of the following is a third-level economy activity. A.hunting B.mining

More Similar Questions