Fill in the blanks with suitable word(s)
- ________________ costs are identified properly under ABC system of accounting technique.
- Identification of indirect costs with each activity is known as ____________.
- ________________ form the basis of ABC system.
- ________________ is the technique which involves identification of costs with each cost-driving activity.
- Cost objects are ______________ in ABC system.
- “Cost pool” is used in the place of _____________ in ABC system.
- Cost driver is a _______________ that affects costs over a given period of time.
- The causes for occurrence of overhead costs are called _________________.
- In the short run, costs will not have _____________.
- A ____________________ categorizes cost into different cost pools on the basis of cost drivers and cost allocation.