1. A cost driver is:
A) An item of production overheads
B) A common cost which is shared over cost centres
C) Any cost relating to transport
D) An activity which generates costs ✓
CA Intermediate Paper 3
Activity Based Costing MCQ
Chapter 5 • 8 Questions from ICAI Study Material
Questions
8
Est. Time
12 min
Source
ICAI Book
Question 1 of 8 0 correct | 0 wrong
Explanation:
Common Mistake:
Key Concept:
Exam Tip:
Keyboard: 1-4 to select, ← → to navigate
Sample Questions: Activity Based Costing
Preview 3 of 8 questions from Chapter 5
2. In activity based costing, costs are accumulated by activity using:
A) Cost drivers
B) Cost objects
C) Cost pools ✓
D) Cost benefit analysis
3. A cost driver:
A) Is a force behind the overhead cost
B) Is an allocation base
C) Is a transaction that is a significant determinant of cost
D) All of the above ✓