Question Details

Whichofthefollowingisatraitofanactivity-basedcostmanagementsystem 



1.	Whichofthefollowingisatraitofafunctional-basedcostmanagementsystem?
a.	unit-baseddrivers
b.	tracingintensive
c.	useofbothfinancialandnonfinancialmeasuresofperformance
d.	detailedactivityinformation

2.	WhichofthefollowingisNOTatraitofafunctional-basedcostmanagementsystem?
a.	unit-baseddrivers
b.	narrowandrigidproductcosting
c.	allocation-intensive
d.	focusonmanagingactivities

3.	Whichofthefollowingisatraitofanactivity-basedcostmanagementsystem ?
a.	allocation-intensive
b.	narrowandrigidproductcosting
c.	non-unit-based drivers
d.	focusonmanagingcosts

4.	Theoptimallevelinthetrade-offbetweenmeasurementanderrorcostsiswhen
a.	Measurement costs are greater than error costs.
b.	Measurement costs and error costs are minimized.
c.	Measurement costs are less than error costs.
d.	The total of measurement costs and error costs are maximized.

5.	Error costs can be define das
a.	The costs associated with the measurements required by the cost management system.
b.	unitcostsassignedbasedonactivities.
c.	thecostsassociatedwithmakingpoordecisionsbasedonbadcostinformation.
d.	noneofthese




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