Answer:
The correct answer is letter "B": assigning indirect resource costs to activity pools.
Explanation:
Activity-based costing or ABC is a managerial accounting method that assigns indirect costs to the products which incur the bulk of those costs. In the manufacturing sector, ABC is mainly used to help measure the true cost of output per unit.
<em>The two-step ABC approach involves assigning indirect costs of support departments -e.g., maintenance, quality control- to pools of production departments in the first step. In the second step, activity costs are combined with the indirect costs and overhead rates are added.</em>
Answer to this Question is B): Using Google as a main reference for tax law determinations
Explanation:
When we do quality review then we have to go through couple of processes, we are engaged in many activities and tasks which certainly includes, comparing it with the original source documents provided to us by the taxpayer so the discrepancies can be removed and sorted out. We also use 13614-C form's Part VIII as a guide document so we can do a quality review effectively but the only thing we don't do (from the available options here) is not using Google at all in any form here for a quality review either not using it as a reference for tax law determinations as well, therefore, answer to this question is B.
Answer:
a. $78
Explanation:
In a first-price auction, all bidders simultaneously submit sealed bids, with that approach, no bidder knows the bid of any other participant and then the bidder with the highest bid purchases the item for the specified amount. If the highest value is $78, the item will sell for exactly $78.