Fill in the blanks with suitable word(s)

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