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IIA Exam IIA-CGAP Topic 2 Question 101 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 101
Topic #: 2
[All IIA-CGAP Questions]

_______enables managers and auditors to directly link the costs of program resources to the objects produced, whether the objects are products or services. The link is established through the costing of the activities performed in producing the object.

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Suggested Answer: A

Contribute your Thoughts:

Earlean
1 months ago
I was about to say Life-Cycle costing, but then I realized that's more about the entire product life cycle, not just the production costs. ABC it is!
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Lorrie
9 days ago
I think it's Activity-based costing (ABC)
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German
1 months ago
I believe ABC is the best option as it provides a more accurate cost allocation
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Stacey
1 months ago
ABC? More like 'A-B-Confusing', am I right? But seriously, this seems like the best choice.
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Alonzo
4 days ago
I think process costing could work too, but ABC is more direct in linking costs to objects.
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Melina
6 days ago
C) process costing
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Mignon
11 days ago
Yeah, ABC is definitely the way to go for linking costs to program resources.
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Shawna
18 days ago
A) Activity-based costing (ABC)
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Cristen
2 months ago
I'm not sure, but I think it could also be B) Life-Cycle costing
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Kenneth
2 months ago
I wonder if the exam writers are trying to 'activity-based' us with these options. Gotta stay on our toes!
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Rossana
27 days ago
B) Life-Cycle costing
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Mira
1 months ago
I think it's A) Activity-based costing (ABC). That's the one that links costs to activities.
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Carisa
2 months ago
A) Activity-based costing (ABC)
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Madonna
2 months ago
I agree with Roselle, ABC helps in linking costs to objects produced
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Carmela
2 months ago
Activity-based costing (ABC) sounds like the right answer here. It allows us to directly link costs to the products or services produced.
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Jaime
20 days ago
It's a useful tool for managers and auditors to understand the costs involved in producing products or services.
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Denny
27 days ago
ABC helps in linking costs to the objects produced through activities performed.
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Arthur
30 days ago
Yes, you're correct! Activity-based costing (ABC) is the answer.
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Roselle
2 months ago
I think the answer is A) Activity-based costing (ABC)
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