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1

A temporary account that accumulates the costs a company incurs to support an identified activity is called an activity .
2

costs are costs with amounts that the manager has the power to determine or at least strongly influence.
3

The maintenance department is an example of a centre.
4

A driver causes the cost of an activity to go up or down.
5

An accounting system that provides information that management can use to evaluate the profitability or cost effectiveness of a department's activities is called a accounting system.
6

A department's revenues exceed its direct costs and expenses by $45,000. This amount is the department's to overhead.
7

One-third of the cost of newspaper advertisement in which 1/3 of the space is devoted to merchandise in the Woman's Wear Department is a expense of that department.
8

expenses are expenses that would not be incurred if a department were eliminated.
9

The rent on a department store is an example of an expense.
10

expenses will continue even after a department is eliminated.
11

A centre in which a manager is responsible for revenues, costs and investments is called an centre.
12

The cost of acquiring pine logs for manufacturing into various sizes and grades of lumber is an example of a cost.
13

A responsibility accounting report that compares actual costs and expenses for a department with the budgeted amounts is called a responsibility report.
14

The paint department of a hardware store is an example of a centre.
15

A plan that specifies the expected costs and expenses under the control of a manager is called a accounting budget.
16

An accounting system that provides information that management can use to evaluate the performance of a department's manager is called a responsibility .
17

A department provides support functions to one or more operating and other departments within an organization.
18

The concept of improvement using information provided by an ABC system is known as - .
19

- costing is a two stage allocation system.





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