Which of the Following Statements Is Not True

question 8

Multiple Choice

Which of the following statements is not true?

• A)Time and billing systems are similar to job order costing systems
• B)Time and billing systems are an important component of an AIS for manufacturing firms
• C)A difficult problem for professional service organizations Ris tracking staff time
• D)Time and billing systems are important in the professional service industry

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Definitions:

Glorious Revolution

A pivotal event in British history (1688) marking the overthrow of King James II and the establishment of William III and Mary II as co-rulers, leading to the constitutional monarchy.

British Aristocrats

Members of the highest social class in the United Kingdom, traditionally holding hereditary titles and often possessing considerable wealth and influence.

English Monarchy

A system of government in the United Kingdom and its predecessor states where a monarch (king or queen) is the head of state.

William Penn

An English Quaker leader and founder of the Province of Pennsylvania, the British North American colony that became the U.S. state of Pennsylvania.