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https://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment id-1128835 1&course; id-1524621 1&cont; QUESTION 9 A grouping of individual indirect cost items is called.... O cost pool O cost Center O a +b O none of the above QUESTION 10 A responsibility center can be described as: O a center where the manger is responsible for cost only O a part, segment, or subunit of an organization whose manager is accountable for a specified set of activities. O a center where the manager is accountable for revenues and costs. O all of the above QUESTION 11 O a continuous budget O a rolling forecast O both a &b; O none of the above QUESTION 12 Click Save and Submit to save and submit. Click Save All A rs to sa ve all answers

Explanation / Answer

1) A group of individual indirect cost items is called

Solution: cost pool

Explanation: Cost pool refers to grouping of individual indirect cost items

2) A responsibility center can be described as

Solution: a part, segment or subunit of an organization whose manager is accountable for a specified set of activities

Explanation: A responsibility center refers to an organizational unit headed by a manager, who is accountable for its activities and results.

3) A rolling budget is also called a

Solution: continuous budget

Explanation: A continuous budget, also known as a rolling budget, is one that is prepared for a certain period

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