A major benefit of cost-based transfers is that
a. opportunity costs can be included.
b. they provide incentives to control costs.
c. costs can be measured accurately.
d. it is easy to agree on a definition of cost.
Question text
Which service department cost allocation method assigns costs directly to revenue-producing areas with no other intermediate cost pools or allocations?
a. algebraic method
b. step method
c. indirect method
d. direct method
Question text
What term identifies an accounting system in which the operations of the business are broken down into reportable segments, and the control function of a foreperson, sales manager, or supervisor is emphasized?
a. budgetary accounting
b. control accounting
c. responsibility accounting
d. operations-research accounting
Question text
Share with your friends: |
