Which of the Following Statements Does NOT Describe an ABC

question 80

Multiple Choice

Which of the following statements does NOT describe an ABC system?

• A) ABC systems can create more accurate product costs.
• B) ABC systems may only be used by service companies.
• C) ABC systems are more complex and costly than traditional costing systems.
• D) ABC systems are used in both manufacturing and non manufacturing companies.

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Definitions:

Marketing Dashboard

A management tool that visually displays important marketing metrics and KPIs to help decision-makers monitor and analyze performance.

Carrier

A company that provides services for the transport of goods or passengers, which can include freight companies, airlines, and telecommunications carriers.

Service Sweethearting

An unethical practice where an employee gives unauthorized benefits to a customer, such as discounts or free products.

Customer Satisfaction

The level of contentment a customer feels towards a company's product or service, often measured through feedback and surveys.