Advantages of time driven ABC include:
A) idle time can be quantified as input costs minus costs assigned to activities
B) standard rates can be used in quotations
C) regression analysis is not required
D) a and b

Question

Quizplus · Accepted Answer

Time-driven ABC allows for the quantification of idle time by comparing input costs to costs assigned to activities (A) and enables the use of standard rates in quotations (B), making both A and B correct.

Advantages of Time Driven ABC Include