In the blank next to the following terms, place the letter A through D corresponding to the
Question:
In the blank next to the following terms, place the letter A through D corresponding to the best description of that term.
1. Activity
2. Activity driver
3. Cost pool
4. Cost object
A. Measurement associated with an activity.
B. A group of costs that have the same activity drivers.
C. Anything to which costs will be assigned.
D. A task that causes a cost to be incurred.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
1 D A task that causes a cost to be incur...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Principles of Financial Accounting chapters 1-17
ISBN: 978-1259687747
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Business questions
-
In the blank next to each partnership characteristic 1 through 8, enter the letter of the description that best relates to it for a general partnership. ___________ 1. Duration of life ___________ 2....
-
In the blank next to each corporate characteristic 1 through 8, enter the letter of the description that best relates to it. ____________ 1. Owner authority and control ____________ 2. Ease of...
-
Place the corresponding letter next to the appropriate term. _________1. Cost accounting _________2. Accounts receivable and accounts payable management _________3. Auditing _________4. Budget and...
-
If the protein produced full length antibody, what would be the next step after centrifugation?
-
Explain what exchange-traded notes are and how they are used. Why are they risky?
-
Are the following events recorded in the accounting records? Explain your answer in each case. (a) The president of the company dies. (b) Supplies are purchased on account. (c) An employee is fired.
-
BCF Ltd. manufactures a product known as a Grunge. Direct material and labour costs for each Grunge are \($300\) and \($150,\) respectively. To produce a Grunge requires 20 labour hours: 10 hours in...
-
Tiger Golf Supplies has $25 million in earnings with 7 million shares outstanding. Its investment banker thinks the stock should trade at a P/E ratio of 31. Assume there is an underwriting spread of...
-
Determine (a) the volume and (b) the surface area of the three-dimensional figure. Use the button on your calculator. a) The volume of the cylinder is (Round to the nearest hundredth as needed.) 15...
-
a. Which of the following items are within tolerance? b. What is the percent accuracy by item? Part Shelf Inventory Within Tolerance? Number Count Record Difference % Difference Tolerance 635 A 650...
-
Key figures for Apple and Google follow. Required 1. Compute the recent two years cash flow on total assets ratios for Apple and Google. 2. What does the cash flow on total assets ratio measure? 3....
-
Refer to the December 31, 2015, balance sheet of Samsung in Appendix A. What long-term assets discussed in this chapter are reported by the company?
-
Identify the hybrid orbitals on the central atom that form the bonds in the following species. (a) N 2 O (b) SnCl 2 (c) I 3 (d) SeO 2
-
In addition to the social media sites identified in this chapter, are there other social media sites that would be particularly helpful in a family law case? A personal injury case? Find other social...
-
A final audit report is most useful to executive managers when it: a. Provides an overall, appropriately supported opinion on the operations reviewed. b. Summarizes audit results. c. Gives...
-
Find a California case where social media was used.
-
Direct support for the internal audit report is provided by the: a. Preliminary survey. b. Walk-through of a facility. c. Audit working papers. d. Preliminary interview with the auditee. e. All of...
-
Which of the following ways can models be classified? a. How they mirror reality. b. How they will be employed. c. How they will be developed. d. All of the above. e. None of the above.
-
The management of Petro Garcia Inc. was discussing whether certain equipment should be written off as a charge to current operations because of obsolescence. This equipment has a cost of $900,000...
-
A survey of 70 college freshmen asked whether students planned to take biology, chemistry, or physics during their first year. Use the diagram to answer each question. How many of the surveyed...
-
Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $25,000 for the period. The pension formula determined a pension cost of...
-
PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in millions): Long-term debt consists of the following: a. How much of...
-
A business issued a 90-day, 6% note for $80,000 to a creditor on account. Journalize the entries to record (a) The issuance of the note and (b) The payment of the note at maturity, including interest.
-
If Total Liabilities increase, which of the following MUST be true?Group of answer choicesAssets MUST increaseAssets minus owners equity Must increaseOwners equity MUST increaseOwners equity minus...
-
I want write Introduction for my accounting assignment. I have chosen Pearson Corporation as my company and the same Introduction should be from accounting point of view. Also need to give...
-
Why does seasonality of sales pose particular problems for companies preparing interim reports? Select answer from the options below Annual sales cannot be reliably projected, causing variability in...
Study smarter with the SolutionInn App