Activity based costing is a step down method.

Name: Activity based costing is a step down method.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based costing (ABC) is not considered a step down method; rather, it is a costing methodology that assigns costs to products and services based on the resources they consume. This approach aims to provide more accurate cost information by tracing costs to activities and then to products or services based on their use of those activities.

Activity Based Costing Is a Step Down Method