ABC system is used for ………………
A) material control
B) wages control
C) overhead allocation
D) pricing decisions
Correct Answer:
Verified
Q15: Both costs and revenues are measured in
Q16: A …………….is that factor which causes cost.
A)cost
Q17: cost driver for activities is called …………….
A)activity
Q18: A centre where the manager is responsible
Q19: The performance of investment centre is based
Q20: Responsibility accounting is used for ……………….
A)cost control
B)planning
C)decision
Q22: .A cost centre is …………………
A)a production department
Q23: An investment centre is a responsibility centre
Q24: Responsibility accounting aims to …………….
A)ensure that costs
Q25: Prime costs may be defined as
A)the total
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