Match each item with the correct statement below.
-System that emphasizes direct tracing and driver tracing.
A)activity drivers
B)activity-based costing system
C)consumption ratio
D)unit-level activities
E)activity attributes
F)resource drivers

Question

Quizplus · Accepted Answer

An activity-based costing system emphasizes direct tracing and driver tracing of costs to specific activities and resources.

Answer: A
 Activity drivers are used to allocate costs to specific activities in an activity-based costing system.

Answer: C
 Consumption ratio is not directly related to an activity-based costing system. It is a measure of how much of a resource is used relative to the amount of output produced.

Answer: D
 Unit-level activities are a type of activity in an activity-based costing system, but they do not necessarily emphasize direct tracing and driver tracing.

Answer: E
 Activity attributes are characteristics of an activity that are used in an activity-based costing system to determine the cost of the activity.

Answer: F
 Resource drivers are used to assign costs to resources in an activity-based costing system, but they are not necessarily related to direct tracing and driver tracing.

Match Each Item with the Correct Statement Below