Which of the Following Is Not True Regarding ABC

question 66

Multiple Choice

Which of the following is not true regarding ABC?

• A)ABC is too time-consuming and complicated for practical applications over a sustained period.
• B)ABC identifies the most and least profitable products and customers.
• C)ABC promotes the lean manufacturing philosophies of process simplification and waste elimination.
• D)All of the statements are true.

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Definitions:

Embezzlement

The act of wrongfully appropriating funds that have been trusted to one's care but are owned by someone else.

Bank Teller

A bank employee who handles withdrawals, deposits, and other transactions directly with the customers.

False Pretense

The illegal obtaining of another’s property by making a materially false representation of an existing fact, with knowledge of the falsity of the representation and with the intent to defraud.

Magazine Subscriptions

Agreements to receive or deliver a magazine periodically, typically in exchange for a subscription fee.