An Activity-Based Costing System Should Include All of the Activities

question 3

True/False

An activity-based costing system should include all of the activities carried out in an organisation because any simplification will inevitably result in inaccuracy

---

Definitions:

Self-Perpetuating

A process, organization, or system that has the capability to renew or sustain itself indefinitely without external assistance.

Imposed by Others

Refers to conditions or labels that are applied by external parties without the consent or agreement of the individuals affected.

Virtuous Journalist

A journalist who adheres to ethical principles, maintains integrity, and demonstrates excellence in reporting, often in the pursuit of truth and public good.

Avoiding Bias

The practice of preventing unfair preferences or prejudices from influencing decisions or outcomes.