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Author Question: Put the following ABC implementation steps in order ________. A Compute the allocation rates. B ... (Read 15 times)

penza

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on: Jul 5, 2018
Put the following ABC implementation steps in order ________.
 
  A Compute the allocation rates.
   B Compute the total cost of the products.
   C Identify the products that are the cost objects.
   D Select the cost allocation bases.
  A) DACB
  B) DBCA
  C) BADC
  D) CDAB

Question 2

At year end, a county tax agency fund's only asset was 500,000 in cash.
 
  The cash was collected on behalf of the following entities:
   County300,000
   School district150,000
   Fire district50,000
  In the county basic financial statements, the tax Agency Fund should report what amount of assets and liabilities?
  A. 200,000.
  B. 300,000.
  C. 450,000.
  D. 500,000.


Madisongo23

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: D

Answer to Question 2

A


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