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Which of the Following Statements Is False

question 1

Multiple Choice

Which of the following statements is false?


Definitions:

Time-Driven

Pertaining to methods or systems where actions are scheduled or measured based on time.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing more accurate information on the real cost of specific product lines, services, or customers.

Number Of Employees

The total count of individuals employed by a company or organization, regardless of their employment status (full-time, part-time, etc.).

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific activities, providing more accurate product or service costs.

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