One of the Benefits of an ABC System Is That

question 132

True/False

One of the benefits of an ABC system is that by highlighting different activities, you can ignore the different levels of activities, such as individual units of output versus batches of output.

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Definitions:

Organizational Levels

The hierarchy within a company that structures the allocation of responsibility, from top management to lower-level employees.

Board of Directors

A group of individuals elected to represent shareholders, making key decisions and overseeing the general direction of a company or organization.

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation by making decisions and setting policies.

Corporate Level

Pertains to high-level strategic decisions made by a company's top executives that affect the entire organization.