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All of the following statements are correct EXCEPT thatthe objective of installing ABC in service firms is different than it is in a manufacturing firmactivity

All of the following statements are
correctEXCEPTthatthe objective of installing ABC in service firms is different
than it is in a manufacturing firmactivity-based costing has been widely adopted in service
industriesa larger proportion of overhead costs are company-wide costs in
service industriesthe general approach to identifying activities and activity cost
pools is the same in a service company as in a manufacturing
company

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