multiple choice q, management cost accounting, please ans them all thx

1 Using a broad average to allocate costs to products is called A) activity based costing: B) refined costint. C) peanut butter costing: D) product undercoating. E) job costing: 2 Provided a single allocation base is used, jobs are typically overcosted if A) jobs consume proportionately less of the indirect activity but is reported to have higher cost B) jobs require more employees. C) jobs consume proportionately more of the indirect activity and is reported to have higher cost. D) jobs consume proportionately more of the indirect activty but is reported to have lower cost. E) jobs cannot be overcosted; only products or service can be overcosted. 3. Direct cost tracing will accomplish which of the following? A) identify homogeneous costs B) classify more couts as indirect C) focus on the cause-and effect cirterion when choosing allocation bases D) expand the number of indirect cost pooks E) classify as many of the costs as direct costs, as is economically feasible 4 All costs in a homogeneous cost pool have A) only one cost driver that will accurately represent the relationship between the costs and the activity. B) to be adjusted at year end to actual costs. C) the same cost behaviour. D) the same or a similar cause-and-effect (or benefits-received) relationship with a single cost driver that is used as the cost-allocation base. E) a causal retationship with manufacturing costs. 5. Which of the following statements is TRUE regarding activity-based costing systems? A) ABC systems accumulate overhead costs by departments. B) ABC costing systems are less compleasnd, therefore, less costly than traditional systems. C) ABC costing systems can be used in manufacturing firms only. D) ABC costing systems have multiple indirect cost allocation rates for each activity. E) ABC systems provide a greater level of detail to understand how an organization uses its common inputs differently for distinct products. 16 in an activity-cost pool A) a measure of the activity performed serves as the cost allocation base. B) the costs have a cause-and-ffect relationshig with the cost-allocation base for that activity. C) the cost pools are homogeneous over time. D) costs in a cost pool can always be traced directly to products. E) each pool pertains to a narrow and focused set of cots. 7. Activity-based cost systems create A) one large cost pool. B) homogeneous activity-related cost pools. C) activity-cost pools with a broad focus. D) activity-cost pools containing many direct costs. E) heterogenous activity-related cost pools. 8 A cost hierarchy describes A) a technique for direct cost tracing. B) the process of arranging costs by importance. C) the logic of segregating costs by value-chain classification. D) the logic of separating one indirect cost pool into multiple pools according to activity level. E) a technique of differentiating fixed and variable costs. With simple costing systems, products manufactured in small batches and in small annual 9 volumes may be because batch-related and product-sustaining costs are assigned using unit related drivers. A) overcosted B) fairly costed C) costed the same as in activity based costing. D) undercosted E) ignored 10 Which of the following is a sign that an ABC system may be useful? A) There are small amounts of indirect costs. B) Products make diverse demands on resources because of differences in volume, process steps, batch size, or complexaty. C) Products that a company is well-suited to make and sell show large profits; whereas products that a company is less suited to produce and sell show imall profits. D) Operations staff agrees with accountants about the conts of manufacturing and marketing products and services. F) Almast none of the indirect costs are identified as output unit level costs