BUS 252
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BUS 252 Accounting Test Bank 09 Questions and Answers(2022/2023)
- Exam (elaborations) • 102 pages • 2023
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9. The first-stage allocation in activity-based costing is the process by which 
overhead costs are assigned to activity cost pools. 
TRUE 
AACSB: Reflective Thinking 
AICPA BB: Critical Thinking 
AICPA FN: Measurement 
Blooms: Remember 
Difficulty: 1 Easy 
Learning Objective: 07-02 Assign costs to cost pools using a first-stage allocation. 
20. Activity-based costing involves a two-stage allocation in which overhead costs are 
first assigned to departments and then to jobs. 
TRUE 
AACSB: Reflec...
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