Which of the following is an example of a physical cost?

To use activity-based costing, it is necessary to know the

a. cost driver for each activity cost pool. b. expected use of cost drivers per activity. c. expected use of cost drivers per product. d. all of the above.

Which of the following is not typically included in a major medical insurance policy?

A) Large deductible B) Participating provision C) Large number of exclusions D) High face amount