In advance, thank you thank you thank you**********It is important i know this as it may be part of my upcoming material and knowledge of this may be needed in order to participate in class***ALSO IM SORRY THAT TECHNICALLY I AM ASKING MORE THAN ONE QUESTION! Do know i appreciate everything and anything you are willing to answer!!!!!

A. The advantage of allocating budgeted rather than actual service department costs is that A) this practice is acceptable under GAAP. C) service departments cannot pass on the costs of inefficiencies and waste. managers are not motivated to evaluate the charges. D) only one cost pool is necessary. 5. Indirect costs occur because resources are shared by more than one cost objective. A) True B) False 6. How many distinct activities are used by most companies that design ABC systems? A) 11 to 24 B) 25 to 100 C) 3 to 10 D) Fewer than 3 7. Which of the following is the overriding concern in forming a cost pool? A) To ensure that the total amount in the cost pool is less than the direct costs for the product B) To ensure that only costs which have been budgeted are included in the cost pool C) To ensure the costs in the pool are homogeneous or similar D) To ensure that there are no variable costs in the cost pool ". Activity-based management aims at improving the efficiency and effectiveness of business processes. A) True B) False 9. Which of the following is not an advantage of activity-based costing over traditional volume-based costing systems? A) ABC is less likely than a traditional system to undercost complex, low-volume products. B) ABC allows managers to get an understanding of the cost of their respective department's activities. C) ABC may lead to cost control improvement as managers are charged for using activities. D) ABC is less costly to implement than traditional systems