Activity-Based Costing Quiz

There are eight questions, the first seven in the picture and the last in the next text.

Q8.Which of the following statements is true of a simple costing system?

a.	A simple costing system assumes that all costs are variable.

b.

In a simple costing system, costs of activities are used to assign costs to other cost objects such as products or services based on the activities the products or services consume. c. A simple costing system broadly averages or spreads the cost of resources uniformly to cost objects. d. A simple costing system typically has more-homogeneous indirect cost pools.

 

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