Which of the Following Statements Is False

question 67

Multiple Choice

Which of the following statements is false?

• A) Conventional costing systems tend to over cost high-volume product lines.
• B) Conventional costing systems tend to create a product cost distortion problem.
• C) In conventional costing,the high-volume products are often subsidising the low-volume products.
• D) Conventional product costing systems recognise a range of non-volume-based cost drivers.

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Definitions:

Mean

The average of a set of numbers calculated by adding them together and dividing by the count of numbers.

Raw Score

The original, unadjusted score obtained in an assessment or measure before any transformations or standardizations are applied.

Standard Deviation

An index quantifying how much data points deviate or scatter from their average.

Mean

The average of a set of numbers, calculated by adding them together and then dividing by the number of numbers.