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Author Question: Which of the following statements is TRUE regarding activity-based costing systems? (Read 36 times)

torybrooks

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Which of the following statements is TRUE regarding activity-based costing systems?
◦ ABC costing systems have separate indirect cost allocation rates for each activity.
◦ ABC systems accumulate overhead costs by departments.
◦ ABC costing systems are less complex and, therefore, less costly than traditional systems.
◦ ABC costing systems can be used in manufacturing firms only.


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Marked as best answer by torybrooks on Jan 4, 2020

Jayson

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torybrooks

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


dyrone

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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