Which of the Following Statements Is Correct About the Differences

question 63

Multiple Choice

Which of the following statements is correct about the differences between a volume-based cost system and an ABC system?

• A)The only difference is how the methods assign indirect costs to products.
• B)The only difference is how the methods assign direct costs to products.
• C)The methods assign both direct and indirect costs differently to products.
• D)There is no difference in how the methods assign direct or indirect costs to products.

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Definitions:

Sunlight

The natural light emitted by the Sun, essential for photosynthesis in plants and influencing Earth's climate and weather.

Cold Front

A leading edge of a cooler mass of air, replacing at ground level a warmer mass of air, which can bring about significant changes in weather.

Onshore Breeze

A wind that blows from the sea towards the land, typically occurring during the day due to differential heating of land and sea surfaces.

High Levels of Pollutants

Concentrations of harmful substances in the environment that exceed accepted safety standards, posing health risks.