In contrast to traditional costing systems,activity-based costing systems provide ________.
A)the cost of each product or service
B)the cost of goods sold
C)the cost of each activity
D)inventory values in accordance with Generally Accepted Accounting Principles

Question

Quizplus · Accepted Answer

Activity-based costing systems focus on identifying and assigning costs to specific activities, providing detailed insights into the cost of each activity, unlike traditional costing systems.

In Contrast to Traditional Costing Systems,activity-Based Costing Systems Provide ________