Which of the Following Are Limitations of ABC

question 72

Multiple Choice

Which of the following are limitations of ABC?
i. The system requires significantly more data.
ii. The system requires extensive updating if the product range changes.
iii. The inclusion of facility level costs greatly increases the accuracy of cost per unit.

• A) i and ii
• B) i and iii
• C) i, ii and iii
• D) None of the given answers

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Definitions:

Cognitive Therapy

A type of psychotherapy that focuses on changing unhelpful or destructive thought patterns.

Sensitive Issues

Topics or subjects that require careful handling due to the potential to evoke strong emotional responses or controversy.

Anxiety Attack

A sudden and intense period of fear or discomfort, often with physical symptoms such as heart palpitations and sweating, without a clear threat or cause.

Socratic

Pertaining to the teaching methods of Socrates, which involve asking a series of questions to stimulate critical thinking and illuminate ideas.