ABC systems and department costing systems use totally different approaches towards indirect cost allocation and can never be used together.

Name: ABC systems and department costing systems use totally different approaches towards indirect cost allocation and can never be used together.
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Question

Quizplus · Accepted Answer

ABC systems, with its focus on specific activities, are a further refinement of department costing systems. Companies often use ABC systems and department costing systems together.

ABC Systems and Department Costing Systems Use Totally Different Approaches