A cost pool is:
A) a collection of homogeneous costs to be assigned.
B) almost always the combined result of decisions made by different responsibility center managers.
C) the primary function of a responsibility accounting system.
D) the amount of cost that has been allocated, say, 10%, to a user department.
E) the tool used to allocate cost dollars to user departments.

Question

Quizplus · Accepted Answer

A cost pool is a collection of homogeneous costs to be assigned, which are then allocated to different departments or cost objects.

A Cost Pool Is