For service organizations,activity-based cost systems may be used to clarify appropriate cost assignments.

Name: For service organizations,activity-based cost systems may be used to clarify appropriate cost assignments.
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Question

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Activity-based costing (ABC) helps service organizations to better understand the costs associated with specific activities and services provided to customers. It allows for more accurate cost assignment and can lead to more informed pricing decisions.

For Service Organizations,activity-Based Cost Systems May Be Used to Clarify