Fill in the blanks nest to following terms using descriptions given from a through d.

Question

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Answer 1

Question

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

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Answer 2

Question

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

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Answer 3

Question

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

Answer 6

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object

Explanation of Solution

Cost Pool:

A group of cost related to an activity is called cost pool.

Activity:

It is a set of task which is performed by business which operates on activity basis.

Activity driver:

It is measure to determine the frequency and intensity of a particular activity.

Cost Object:

A cost object is the sole reason for incurring any kind of cost by a business.

Conclusion

The descriptions are placed according to the given terms.

Answer 7

Chapter C, Problem 1QS

To determine

Fill in the blanks nest to following terms using descriptions given from a through d.

Answer 8

Expert Solution & Answer

Answer to Problem 1QS

Solution:

Descriptions	Terms
D. A task that causes a cost to be incurred.	1. Activity
A. Measurement associated with an activity.	2. Activity driver
B. A group of costs that have the same activity drivers.	3. Cost pool
C. Anything to which costs will be assigned.	4. Cost object