Which of the Following Statements Is True of ABC Systems

question 79

Multiple Choice

Which of the following statements is true of ABC systems?

• A) ABC systems are time-driven cost systems.
• B) ABC systems classify some direct costs as indirect costs and some indirect costs as direct costs.
• C) ABC systems provide valuable information to managers beyond accurate product costs.
• D) ABC systems assume all costs are variable costs.

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Definitions:

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Complete Sense

A comprehensive and thorough understanding or appreciation of a topic, situation, or concept.

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The sexual attraction or sexual behavior between individuals of the opposite sex.

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A term typically used to refer to individuals of the gender different from oneself, often in the context of sexual or romantic attraction.