Activity-based costing is so beneficial because it provides more information about product costs but requires less recordkeeping.

Name: Activity-based costing is so beneficial because it provides more information about product costs but requires less recordkeeping.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement contradicts itself. The first sentence states that ABC requires less recordkeeping, while the second sentence states that it requires more recordkeeping. Therefore, the statement is false.

Activity-Based Costing Is So Beneficial Because It Provides More Information