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:

Relational Database

A type of database that stores and provides access to data points that are interconnected and organized based on a model of tables related by common keys.

Data Integrity

The accuracy, consistency, and reliability of data throughout its lifecycle, ensuring it remains unaltered from its original state.

Processing Performance

A measure of the effectiveness and efficiency with which a computer, system, or network processes data and tasks.

MIS Department

Refers to the Management Information Systems Department, which focuses on overseeing a company's technology systems and managing data to optimize business operations.