Regarding Activity-Based Costing Systems, Which of the Following Statements Is

question 95

Multiple Choice

Regarding activity-based costing systems, which of the following statements is true?

• A)ABC systems accumulate overhead costs by departments.
• B)ABC costing systems are less complex and, therefore, less costly than traditional systems.
• C)ABC costing systems have separate indirect cost allocation rates for each activity.
• D)ABC costing systems can be used in manufacturing firms only.

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Definitions:

Minority

A subgroup within a population that is fewer in numbers than the majority and may be differentiated by characteristics such as race, religion, language, or sexual orientation.

Night Terrors

A sleep disorder causing feelings of terror or dread, usually occurring during non-REM sleep stages, and often accompanied by screaming, thrashing, and a high degree of difficulty in waking the sufferer.

Sleep Spindles

Bursts of brain activity visible on an EEG that occur during stage 2 of sleep, associated with memory consolidation and learning.

Incoherently

Lacking logical or meaningful connection; speaking or thinking in a confused or disjointed manner.