Which of the Following Statements Is False

question 11

Multiple Choice

Which of the following statements is false?

• A) Under traditional costing, product cost distortions will be relatively insignificant if overhead costs are a small proportion of product cost.
• B) Activity-based costing will significantly improve the product cost accuracy where overhead costs are a small proportion of total costs.
• C) Activity-based costing will significantly improve product cost accuracy where there is significant product diversity.
• D) Upstream and downstream costs are often a significant part of a product's costs.

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Definitions:

NPO

An abbreviation for "nil per os," a medical instruction meaning to withhold oral food and fluids from a patient for a specific period.

QAM

stands for "Quality Assurance Management" or "Quadrature Amplitude Modulation" depending on context; in healthcare, it often relates to maintaining standards.

Parenteral

A route of administering medications or nutrients bypassing the digestive system, often through injections.

Sublingual

Pertaining to or situated under the tongue, often used in reference to the administration of medication.