Which of the Following Statements About Product Costing Is False

question 26

Multiple Choice

Which of the following statements about product costing is false?

• A) Product costs may differ depending on the decision context.
• B) Organisations should aim to have only one product costing system.
• C) In designing a product costing system, managers need to make a careful assessment of costs and benefits associated with each element of the product cost.
• D) Both current costs and future costs are relevant for managerial decisions.

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