Which of the following is not a reason why managers see an accelerated need for refinement?
A) The growing demand of products and competition in product markets.
B) The increases in direct costs.
C) Decreases in indirect costs.
D) Increases in product diversity with both international and domestic banking facilities.
E) Use of broad averages fails to capture differences in demand and leads to distorted and inaccurate cost information.
Correct Answer:
Verified
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