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All of the following statements are correct except that the general approach to identifying activities and activity cost pools is the same in a service
All of the following statements are correct except that
the general approach to identifying activities and activity cost pools is the same in a service company as in a manufacturing
company.
activitybased costing has been widely adopted in service industries.
a larger proportion of overhead costs are companywide costs in service industries.
the objective of ABC in service firms is different than it is in a manufacturing firm.
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