Installing activity-based costing requires teamwork among employees and departments within an organization.

Question

Quizplus · Accepted Answer

This statement is true because activity-based costing involves identifying and analyzing the activities that drive costs in various departments and processes within an organization. This requires input and collaboration from employees across different functions and levels in the organization, including accounting, production, marketing, management, and others, to ensure that all relevant activities are identified and accurately costed.

Installing Activity-Based Costing Requires Teamwork Among Employees and Departments Within