Matching
Match each of the following terms a through j with the appropriate definitions 1 through 10.
Premises:
An outgrowth of ABC that draws on the link between activities and cost incurrence for better management.
A collection of costs that are related to the same or similar activity.
Variable that causes a cost to go up or down.
The target of a cost assignment.
A measure of activity level.
A cost allocation method that focuses on activities performed.
An allocation rate used to assign a collection of related costs to a cost object.
Actions performed only on groups of units.
Actions which cause resources to be used.
Variable that causes an activity's cost to go up or down.
Responses:
Cost pool
Cost driver
Activity-based management
Activity-based costing
Activity driver
Cost object
Pool rate
Activity
Activity cost driver
Batch level activities
Correct Answer:
Premises:
Responses:
An outgrowth of ABC that draws on the link between activities and cost incurrence for better management.
A collection of costs that are related to the same or similar activity.
Variable that causes a cost to go up or down.
The target of a cost assignment.
A measure of activity level.
A cost allocation method that focuses on activities performed.
An allocation rate used to assign a collection of related costs to a cost object.
Actions performed only on groups of units.
Actions which cause resources to be used.
Variable that causes an activity's cost to go up or down.
Premises:
An outgrowth of ABC that draws on the link between activities and cost incurrence for better management.
A collection of costs that are related to the same or similar activity.
Variable that causes a cost to go up or down.
The target of a cost assignment.
A measure of activity level.
A cost allocation method that focuses on activities performed.
An allocation rate used to assign a collection of related costs to a cost object.
Actions performed only on groups of units.
Actions which cause resources to be used.
Variable that causes an activity's cost to go up or down.
Responses:
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