Which of the Following Is a Distinctive Feature of an ABC

question 50

Multiple Choice

Which of the following is a distinctive feature of an ABC system in comparison to a departmental overhead application system?

• A) It is a two-stage allocation system.
• B) It uses transactionaldrivers.
• C) It must include at least one non unit-level driver.
• D) It uses duration drivers.

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Definitions:

Gripe Session

An informal meeting where participants are free to express complaints and frustrations.

Staff Meeting

a scheduled gathering of employees facilitated by an organization to discuss operational matters, policies, or updates.

Accountant

One who keeps, audits, and inspects the financial records of individuals or businesses; one who analyzes these transactions and prepares reports that not only tell the present status of accounts receivable and payable but compare current reports with other years or periods of time.

Financial Records

Records that reflect the financial status of the medical office or business.