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1, Which of the following statements is true regarding Activity-Based Costing (ABC)? a, Activity-Based Costing can be applied to service-oriented firms b, Activity-Based Costing can
1, Which of the following statements is true regarding Activity-Based Costing (ABC)?
a, Activity-Based Costing can be applied to service-oriented firms
b, Activity-Based Costing can be applied to manufacturing firms
c. All of the answers are correct
d, Activity-Based Costing includes analysis of cost drivers
2, Activity-based management attempts to
a, identify and eliminate all unnecessary activities.
b, increase the efficiency of necessary activities.
c, add new activities that increase value.
d. all of these.
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