Activity Based Costing Practice Exam
Activity Based Costing
Activity-based costing is the process of assigning overhead and indirect costs like salaries and utilities to products and services. Moreover, the cost driver rate is used for calculating the amount of indirect and overhead costs related to a particular activity.
So, if you want to validate your skills of activity-based costing then you should definitely take this exam.
Recommended Knowledge
- Strategic thinking
- Technical understanding
- Analytical skills
- Ease with technology
Target Audience
This exam is intended for-
- Students and graduates
- Finance enthusiasts
- Analysts
- Managers
- Other interested candidates
Objectives
- Reducing capital costs
- Decreasing obsolete inventory
- Improvising rate of inventory turnover
Topics Covered
- Understanding managerial accounting and cost behaviour
- What is cost-volume-profit analysis?
- Understanding cost allocation
- Relevant costs
- Benefits
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