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APICS CSCP Exam - Topic 2 Question 52 Discussion

Activity costing (ABC) is an example of:
D) Cost allocation technique.
A) Generally accepted accounting principles.
B) Inventory classification system.
C) Asset cost estimate technique.

APICS CSCP Exam - Topic 2 Question 52 Discussion

Actual exam question for APICS's CSCP exam
Question #: 52
Topic #: 2
[All CSCP Questions]

Activity costing (ABC) is an example of:

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Suggested Answer: D

by Jade at May 26, 2022, 06:14 AM

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Corazon
10 months ago
Nope, it's not that! It's all about activity-based costing.
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Buffy
10 months ago
I thought it was more about inventory classification.
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Maryann
10 months ago
Wait, is it really just a cost allocation technique? Seems too simple.
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Antonio
10 months ago
Totally agree, it's all about allocating costs effectively!
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Jacqueline
10 months ago
ABC is definitely a cost allocation technique.
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Josue
11 months ago
I’m pretty sure ABC stands for Activity-Based Costing, which is a cost allocation technique. I think D is the right answer!
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Denise
11 months ago
I’m torn between options C and D. I feel like ABC might be more about estimating costs rather than just allocating them.
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Ardella
11 months ago
I remember practicing a question about different costing methods, and I think ABC is definitely a way to allocate costs based on activities.
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Adaline
11 months ago
I think activity costing is related to how we allocate costs, but I'm not completely sure if it's the same as a cost allocation technique.
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Kaycee
11 months ago
I'm pretty sure the Jenkinsfile lives with the source code, so I'll go with option C.
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Reuben
11 months ago
Wait, isn't quantitative risk analysis also about evaluating the contingency and management reserves needed? I'm a little confused on the exact focus of this process. I'll have to review my notes to make sure I'm answering this correctly.
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