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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