ACCT 434

ACCT 434 WEEK 1 QUIZ – DEVRY

ACCT 434 WEEK 1 QUIZ – DEVRY

1. (TCO 1) In refining a cost system, (Points : 5)

2. (TCO 1) Which of the following statements is more representative of activity-based costing in comparison to a department-costing system? (Points : 5)

3. (TCO 1) A significant limitation of activity-based costing is the (Points : 5)

4. (TCO 1) Overcosting of a product is most likely to result from (Points : 5)

5. (TCO 1) To set realistic selling prices, (Points : 5)

6. (TCO 1) Unit-level cost drivers are ACCT434 Week 1 Quiz most appropriate as an overhead assignment base

7. (TCO 1) A well-designed, activity-based ACCT 434 Week 1 Quiz - DeVry cost system helps managers make better decisions because information derived from an ABC analysis (Points : 5)

8. (TCO 1) Companies use ABC system information to (Points : 5)

9. (TCO 1) One department indirect-cost rate is sufficient when (Points : 5)

10. (TCO 1) Rumpole Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $100,000. The budgeted number of nozzles to be inserted is 25,000. What is the budgeted indirect cost allocation rate for this activity? (Points : 5)

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