Which One of the Following Statements About Activity-Based Costing (ABC)

question 12

Multiple Choice

Which one of the following statements about activity-based costing (ABC) is correct?

• A) takes into account the effects of activities that actually occur during the production process
• B) has been in use in advanced industrial economies for over a century
• C) is a relatively old-fashioned system that is gradually being replaced by new methods of absorption costing

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