Which of the following statements is not true?
A)Time and billing systems are similar to job order costing systems
B)Time and billing systems are an important component of an AIS for manufacturing firms
C)A difficult problem for professional service organizations Ris tracking staff time
D)Time and billing systems are important in the professional service industry

Question

Quizplus · Accepted Answer

Time and billing systems are primarily used by professional service organizations such as law firms, accounting firms, and consulting firms. They are not typically used by manufacturing firms. Job order costing systems are used by manufacturing firms to allocate costs to products or batches of products, and are not directly related to time and billing systems. Therefore, statement B is not true.

Which of the Following Statements Is Not True