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F5 T F

Authored by Hoa Phan

English

University

Used 1+ times

F5 T F
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84 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“A cost pool is an activity which consumes resources and for which overhead costs are identified and allocated”


T

F

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“A cost driver is any factor that cause a change in the cost of an activity”


T

F

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“Life-cycle costing takes into account all costs incurred in a product like life-cycle with exception of sunk costs incurred on research and development”


T

F

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“Life-cycle costing ensures a profit is generated over the life of the product”


T

F

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“Products should be discontinued if there is a target cost gap”


T

F

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“A target cost gap is the difference between the target cost for a product and its projected cost”


T

F

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

“A risk with target costing is that cost reductions may affect the perceived value of the product”


T

F

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