Activity-Based Costing (ABC)can Refine and Improve Cost Allocations Using Either

question 55

Multiple Choice

Activity-based costing (ABC) can refine and improve cost allocations using either job-order or process cost systems.There are three significant differences between ABC and traditional cost accounting approaches.One difference between the two systems is how clearly the results of management activities are measured on overall profitability.This benefit is better known as

• A)batch related overhead.
• B)improved cost management.
• C)product related overhead.
• D)improved cost drivers.

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Definitions:

Conjunctions

Words that join together sentences, clauses, phrases, or words, such as "and," "but," and "or."

Conjunctive Adverbs

Words that connect two independent clauses or sentences, showing relationship in terms of sequence, contrast, cause and effect, or other relationships.

Punctuated Correctly

Texts or sentences that have been properly marked with punctuation symbols to clarify meaning and indicate pauses or stops.

Conjunctive Adverbs

Words that connect two independent clauses together while also providing a transition that shows a relationship between them, like "however", "therefore", or "meanwhile".