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Each of the statements on the accompanying supplement to this exam, may (or may not) describe one of the accounting terms listed in the table
Each of the statements on the accompanying supplement to this exam, may (or may not) describe one of the accounting terms listed in the table below. In the space provided in the table (to the left of the accounting term), indicate the description on the accompanying supplement which best describes the accounting term in the table (by_placing the Capitalized Letter to the left of the description in the box to the left of the above term). Do not use a description for more than one accounting term. Traceable costs Common fixed costs Variable cost Opportunity cost Relevant costs Sunk cost Value chain Non-value added activity Split-off point Fixed costs Transfer price Incremental analysis Activity-based management Joint costs Cost driver Breakeven point Target costing High-low method Margin of safety Joint products Relevant costs Choose... High-low method Choose... Joint products Choose... - Value chain Choose... Opportunity cost Choose... - Margin of safety Choose... Breakeven point Choose... - Sunk cost Choose... Split-off point Choose... Target costing Choose... - Incremental analysis Choose... Cost driver Choose... - Variable cost Choose... Joint costs Choose... - Non-value added activity Choose... Fixed costs Choose... Activity-based management Choose... Each of the statements on the accompanying supplement to this exam, may (or may not) describe one of the accounting terms listed in the table below. In the space provided in the table (to the left of the accounting term), indicate the description on the accompanying supplement which best describes the accounting term in the table (by_placing the Capitalized Letter to the left of the description in the box to the left of the above term). Do not use a description for more than one accounting term. Traceable costs Common fixed costs Variable cost Opportunity cost Relevant costs Sunk cost Value chain Non-value added activity Split-off point Fixed costs Transfer price Incremental analysis Activity-based management Joint costs Cost driver Breakeven point Target costing High-low method Margin of safety Joint products Relevant costs Choose... High-low method Choose... Joint products Choose... - Value chain Choose... Opportunity cost Choose... - Margin of safety Choose... Breakeven point Choose... - Sunk cost Choose... Split-off point Choose... Target costing Choose... - Incremental analysis Choose... Cost driver Choose... - Variable cost Choose... Joint costs Choose... - Non-value added activity Choose... Fixed costs Choose... Activity-based management Choose
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