| 11. | The cost pool category, which have the similar cause and effect relationship, with each cost driver uses as an allocation base is classified as |
| a. | heterogeneous price pool |
| b. | homogenous cost pool |
| c. | heterogeneous cost pool |
| d. | homogenous price pool |
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Answer: (b).homogenous cost pool
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| 12. | In the activity based costing method implementation, the indirect costs are allocated by using the |
| a. | no cost pool |
| b. | One or two cost pools |
| c. | sustained tracing |
| d. | support tracing |
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|
Answer: (b).One or two cost pools
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| 13. | The costing system, in which individual activities are identified as the cost object, is considered as |
| a. | manufactured costing |
| b. | activity based costing |
| c. | allocation costing |
| d. | base costing |
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Answer: (b).activity based costing
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| 14. | The type of costs that cannot be traced for individual products but help in supporting an organization are classified as |
| a. | individual sustaining costs |
| b. | facility sustaining costs |
| c. | sustained tracing |
| d. | support tracing |
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Answer: (b).facility sustaining costs
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| 15. | In the activity based costing method implementation, an output unit level costs are classified as |
| a. | indirect costs |
| b. | direct cost |
| c. | labor cost |
| d. | raw material cost |
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|
Answer: (a).indirect costs
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