* not completed

. Activity based costing accumulates overhead costs in cost centres while traditional activity based costing accumulates overhead costs in cost pools.

True correct incorrect

False correct incorrect

* not completed

. Activity based costing works well in allocating overhead costs to mass produced, indistinguishable products.

True correct incorrect

False correct incorrect

* not completed

. Activity based costing uses cost drivers to allocate overhead costs to products and services.

True correct incorrect

False correct incorrect

* not completed

. Activity based costing allocates overheads to products and services on the basis of machine or labour hours while traditional absorption costing allocates overheads to products and services on the basis of activities consumed.

True correct incorrect

False correct incorrect

* not completed

. Traditional absorption costing allocates overhead costs to products on the basis of the normal level of production while activity based costing recognizes that activities cause costs.

True correct incorrect

False correct incorrect