Activity-based costing is one of the less essential forms of accounting control.

Name: Activity-based costing is one of the less essential forms of accounting control.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Activity-based costing is considered an essential form of accounting control for many businesses because it provides a more accurate method of allocating indirect costs to products and services, thereby helping in better decision-making regarding pricing, budgeting, and financial analysis.

Activity-Based Costing Is One of the Less Essential Forms of Accounting