Question
The classification of a cost as either direct or indirect depends primarily on: a. the type of business b. the definition of the cost object
- The classification of a cost as either direct or indirect depends primarily on:
a. the type of business
b. the definition of the cost object
c. the computer tracing system within the organisation
d. the knowledge of the accountant
2. Under both the traditional approach to full costing and activitybased costing, there is no difference in the:
a. total costs
b.assignment of overhead costs
c. unit cost
d. A and B
3. Activitybased costing is likely to be most beneficial to firms with which characteristics?
a. has a multi- product range that use resources differently
b. has a multi- product range that use similar processes
c. Manufactures a single product
d. is set- up as a public company.
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