Author Question: Which of the following statements is true of ABC systems? A) ABC system will always result in ... (Read 129 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
Which of the following statements is true of ABC systems?
 
  A) ABC system will always result in higher product costs.
  B) ABC system employs multiple activity-cost drivers.
  C) ABC system is least suited for service companies.
  D) ABC system is simpler compared to traditional systems.

Question 2

Cross-referencing is useful in assuring that the debits and credits are in balance.
 a. True
  b. False
 
   Indicate whether the statement is true or false



scottmt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Answer: B

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library