The cost driver of an indirect cost is often used as the cost-allocation base.

The cost driver of an indirect cost is often used as the cost-allocation base. A: 正确 B: 错误

A cost accounting system typically includestwo processes: cost allocation and cost determination.

When allocating indirect production costs to cost objects, which of the following is/are a cost-allocation base(s)?

The basic idea in this method is that each expenditure item can be assigned to particular characteristics of the operation. Ideally，the ( ) should be causally related to the category of basic costs in an allocation process. A: allocation of joint costs B: cost control C: cost engineering D: cost inference

What term is used to describe the process of charging service cost centre overheads to the various production cost centres? A: Absorption B: Apportionment C: Allocation D: Re-apportionment

According to the American Association of Cost Engineers, cost engineering is defined as that area of engineering practice where engineering judgment and experience are utilized in the application of scientific principles and techniques to the problem of ( ) A: Cost estimation, cost control and profitability. B: Statstical inference, cost estimation and cost control. C: Allocation of joint costs, cost control and profitability. D: Cost estimation, cost control and statstical inference.

The only choices that a firm has for support department cost allocation rates are to use either a budgeted rate or an actual rate.

The only choices that a firm has for support department cost allocation rates are to use either a budgeted rate or an actual rate. A: 正确 B: 错误

The most important function of the Financial markets and institutions is A: the allocation of resources B: the shifting of risks C: the movement of huge quantities of money D: reducing the cost of transacting