ACCT2320 - 5.1 - 5.4

ACCT2320 - 5.1 - 5.4

University

50 Qs

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ACCT2320 - 5.1 - 5.4

ACCT2320 - 5.1 - 5.4

Assessment

Quiz

Other

University

Easy

Created by

Zi B

Used 5+ times

FREE Resource

50 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

ABC means

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

ABC

  • - allocated overhead based on multiple _

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

ABC

  • - assigns costs based on what drives the _

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Ex: allocation bases

manufacturing department based on _

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Ex: allocation bases

assembly department based on _

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

4 steps of ABC

1) Identify "_" - that your company undertakes and the estimated overhead costs for each of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hierarchy of activity levels:

machine-related

labour-related

Unit level activities

Facility level activities

Batch level activities

Product level activities

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