Activity-based costing refines the cost allocation process even more than traditional allocation costing systems.

Name: Activity-based costing refines the cost allocation process even more than traditional allocation costing systems.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based costing identifies specific activities that generate costs and allocates these costs based on the extent of the activity's usage, making it a more refined and accurate costing system than traditional allocation methods.

Activity-Based Costing Refines the Cost Allocation Process Even More Than