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CLEMSON ACCT 2020 EXAM 2 QUESTIONS WITH CORRECT ANSWERS 2025

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CLEMSON ACCT 2020 EXAM 2 QUESTIONS WITH CORRECT ANSWERS 2025

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Uploaded on: March 14, 2025
Number of pages: 7
Written in: 2024/2025
Type: Exam (elaborations)
Contains: Questions & answers

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clemson acct 2020 exam 2 questions with correct an

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CLEMSON ACCT 2020 EXAM 2 QUESTIONS
WITH CORRECT ANSWERS 2025
AbcE-ECORRECTEANSWERE--EsystemEofEcostEanalysis

-Eanalyzes,Eidentifies,EandEmeasuresEtheEcostEofEkeyEactivities

-EtracesEcostsEtoEcostEobjects

WhenEabcEisEbeneficialE-ECORRECTEANSWERE--ElargeEamountEofEoverheadEcosts

-EwideEvarietyEofEproducts

-EintenseEcompetition

AbcEproductEcostingEmodelE-ECORRECTEANSWERE-
1.EAssignEoverheadEresourceEcostsEtoEactivityEcostEpoolsEforEkeyEoverheadEactivities

2.EAssignEcostEpoolsEtoEcostEobjects

PredeterminedErateE-ECORRECTEANSWERE-costEpoolE/EcostEdriverEactivityElevel

AssignedEcostE-ECORRECTEANSWERE-
predeterminedErateExEquantityEofEcostEdriverEusedEbyEtheEcostEobject

LimitationsEofEabcE-ECORRECTEANSWERE--EmanufacturingEcostsEandEnon-manufacturingEcosts

-EpracticalEcapacity

ChallengeEinEusingEabcE-ECORRECTEANSWERE-specifyingEtheEmodel

AbcEimplementationEissuesE-ECORRECTEANSWERE-1.EExternalEreporting

2.EComplexityEofEproductionEenvironment

, ActivityEbasedEmanagementE(abm)E-ECORRECTEANSWERE-
identifiesEwhichEactivitiesEprovideEvalueEtoEtheEcustomer

SelectingEtheEactivityEbaseE-ECORRECTEANSWERE--
EcausalErelationshipEbetweenEactivityElevelEandEcosts

-EhighEcorrelationEbetweenEactivityElevelEandEcosts

Cost-volumeEgraphsE-ECORRECTEANSWERE--EactivityElevelEreportedEonEhorizontalE(x)Eaxis

-EtotalEcostsEreportedEonEverticalE(y)Eaxis

CostEbehaviorE-ECORRECTEANSWERE-howEcostsEchangeEasEvolumeEchanges

CommonEcostEbehaviorsE-ECORRECTEANSWERE-variableEcosts,EfixedEcosts,EmixedEcosts

VariableEcostsE-ECORRECTEANSWERE--EcostsEthatEareEincurredEforEeveryEunitEofEvolume

-EtotalEvariableEcostsEchangeEinEdirectEproportionEtoEchangesEinEvolume

-EgraphsEalwaysEbeginEatEtheEorigin

-EslopeErepresentsEtheEvariableEcostEperEunitEofEactivity

FixedEcostsE-ECORRECTEANSWERE--EcostsEthatEdoEnotEchangeEinEtotalEdespiteEvolume

-EcommittedEfixedEcosts

-EdiscretionaryEfixedEcosts

-Egraph:EflatElineEthatEintersectsEy-axis

MixedEcostsE-ECORRECTEANSWERE--EcontainEbothEvariableEandEfixedEcomponents

-EincreasesEwithEvolume

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CLEMSON ACCT 2020 EXAM 2 QUESTIONS WITH CORRECT ANSWERS 2025

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