Which of the following is not a feature of costing system refinement?
A) budget costing allocation
B) cost allocation bases
C) direct cost tracing
D) indirect cost pools
E) activity cost drivers

Question

Quizplus · Accepted Answer

Budget costing allocation is not a feature of costing system refinement. While budgeting can help with cost control, it is not directly related to refining a costing system. The other options listed are all common features of costing system refinement. Cost allocation bases help assign costs to specific cost drivers, direct cost tracing helps separate direct and indirect costs, indirect cost pools allocate common costs to specific products or services, and activity cost drivers help identify specific activities that drive costs.

Which of the Following Is Not a Feature of Costing