8. To select the cost drivers, the following should be considered: to. The degree of correlation between the cause and the activity b. The cost of obtaining the information c. The effects on behavior d. All of the above

9.Activity-based costing (ABC) establishes relationships between overhead costs and activities so that we can better allocate overhead costs, while Activity-based management (ABM) focuses on managing activities to reduce costs.

1. true b. false

10. Move time, Waiting time, Process time, Inspection time and Storage time. Which (which) of these add value (nonvalue added)?

to. Process time only b. Process time and Inspection time c. Move time and Storage time d. Process time and Storage time.

11. Cost-volume-profit analysis requires costs to be identified as: to. Fixed and variable b. Product and period (inventories and non-inventories) c. Controllable and not controllable d. All of the above