Which of the Following Statements Concerning Activity-Based Costing Is Correct

question 10

Multiple Choice

Which of the following statements concerning activity-based costing is correct?

• A) ABC is a refinement of job costing.
• B) Direct labour hours can be a cost driver for ABC.
• C) ABC was introduced because of globalisation.
• D) ABC is most useful when a smaller number of similar products are produced by a firm.

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Definitions:

DDR4 Module

A type of RAM that is faster and more efficient than its predecessor, DDR3, providing increased transfer rates and lower voltage operation.

DDR3 Slot

A type of connector on a motherboard designed specifically for DDR3 memory modules.

ESD

Electrostatic Discharge (ESD) is the sudden flow of electricity between two electrically charged objects caused by contact, an electric short, or dielectric breakdown, posing a risk to electronic components.

Maximum Amount

The highest or utmost quantity, size, or degree that can be achieved or allowed, often used in various contexts to denote limitations or capacity.