Which type of cost system recognises different resource-consumption patterns and eschews broad averages?
A)Traditional
B)ABC
C)Information
D)Financial accounting

Question

Quizplus · Accepted Answer

Activity-Based Costing (ABC) recognises different resource-consumption patterns and is designed to provide more accurate and detailed cost information than Traditional cost systems which use broad averages. Information and Financial accounting are general terms and do not specifically address the question of different resource-consumption patterns.

Which Type of Cost System Recognises Different Resource-Consumption Patterns and Eschews