Which of the Following Statement Is FALSE

question 81

Multiple Choice

Which of the following statement is FALSE?

• A)Traditional product costing systems seek to assign all manufacturing costs to products.
• B)ABC product costing systems seek to assign all manufacturing costs to products.
• C)Cost distortions occur when a mismatch (incorrect association)occurs between the way indirect costs are incurred and the basis for their assignment to individual products.
• D)Traditional product costing systems are more refined than an ABC system.

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Definitions:

Techno-uncertainty

The unpredictability and instability in the workplace and society due to rapid technological change and innovation.

Techno-overload

The state of being overwhelmed by the amount of new technologies and information one is required to understand and manage.

Techno-stressor

Stress or pressure experienced due to the inability to cope with new technology or the overwhelming presence of technology in one's life.

Workplace Information

Refers to data and insights related to the organizational environment, employee roles, and operational procedures.