ABC systems identify ________ costs used by products.
A)all
B)short-term fixed
C)short-term variable
D)long-term fixed

Question

Quizplus · Accepted Answer

ABC systems are designed to identify all costs used by products, including both short-term and long-term fixed costs as well as variable costs. This is accomplished through a more detailed analysis of cost drivers and activities involved in producing each product, allowing for a more accurate allocation of costs to each product. Therefore, option A is the best choice.

ABC Systems Identify ________ Costs Used by Products