Which of the Following Statements Concerning Activity-Based Costing (ABC)is Not

question 3

Multiple Choice

Which of the following statements concerning activity-based costing (ABC) is not true?

• A) ABC can be applied in service businesses as well as in manufacturing businesses.
• B) It has been introduced to overcome distortions in costing multiple products which occur when a single base is used to apply overhead to products.
• C) ABC is cheaper and less time consuming to implement than traditional costing systems.
• D) Overhead costs are accumulated by activities and then assigned to cost objects using a different cost driver for each activity.

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Definitions:

Antipsychotic Drugs

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Antisocial Personality Disorder

Antisocial Personality Disorder is a mental health disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others, including manipulative, deceitful, or aggressive behavior.

Rights of Others

Encompasses the legal and moral entitlements that individuals have in relation to the treatment, privacy, and respect from others.