FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One disadvantage of activity-based costing is that it cannot be used for external reporting. This is because of the following except: O a. It does

image text in transcribed
One disadvantage of activity-based costing is that it cannot be used for external reporting. This is because of the following except: O a. It does not follow GAAP O b. It might be subjective O c. It is very detailed compared to external reports needs O d. It may lead to accurate cost calculation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Do It Yourself Home Energy Audits 140 Simple Solutions To Lower Energy Costs, Increase Your Home's Efficiency, And Save The Environmen

Do It Yourself Home Energy Audits 140 Simple Solutions To Lower Energy Costs, Increase Your Home's Efficiency, And Save The Environmen

Authors: David Findley

1st Edition

0071636390, 978-0071636391

More Books

Students also viewed these Accounting questions

Question

★★★★★
Propose a mechanism for the following reaction. excess HBr Br tetrahydrofuran 1,4-dibromobutan

Answered: 1 week ago

Question

★★★★★
9. Contrast the terms mass production and job shop. What kinds of products does each system produce?

Answered: 1 week ago

Question

★★★★★
15.10 The article Compression of Single-Wall Corrugated Shipping Containers Using Fixed and Floating Text Platens (Journal of Testing and Evaluation [1992]: 318320) described an experiment in which...

Answered: 1 week ago

Question

★★★★★
Newman Medical Clinic has budgeted the following cash flows. Newman Medical had a cash balance of $8,000 on January 1. The company desires to maintain a cash cushion of $5,000. Funds are assumed to...

Answered: 1 week ago

Question

★★★★★
One disadvantage of activity-based costing is that it cannot be used for external reporting. This is because of the following except: O a. It does not follow GAAP O b. It might be subjective O c. It...

Answered: 1 week ago

Question

★★★★★
ng following Company to the manufacturing activities of Chang Company during the just completed activities relate Manufacturing overhead costs incurred Indirect materials 15,400 Indirect labor...

Answered: 1 week ago

Question

★★★★★
If an individual agrees to participate in a research study because he or she believes that harm or punishment will result for refusing to participate in the study, the individual's decision to...

Answered: 1 week ago

Question

★★★★★
Ethics Some operating systems can be run directly from an optical disc or flash drive. Booting a computer this way circumvents the OS installed on the hard drive of the system. In a school or...

Answered: 1 week ago

Question

★★★★★
On June 1, 2025, Pharoah Service Co. was started with an initial investment in the company of $21,450 cash. Here are the assets. liabilities, and common stock of the company at June 30, 2025, and the...

Answered: 1 week ago

Question

★★★★★
The Sodus Company produces engine parts for car manufacturers. A new accountant intern at Sodus has accidentally deleted the calculations on the company's variance analysis calculations for the year...

Answered: 1 week ago

Question

★★★★★
LAB ACTIVITY 4.10.1: LAB: Exception handling to detect input string vs. integer main.py 1 # Split input into 2 parts: name and age 2 parts = input().split() 3 name parts [0] 4 while name != '-1': 5 8...

Answered: 1 week ago

Question

★★★★★
7. Do you use occasional gestures to emphasize a point youre making in your speech? Do they feel natural?

Answered: 1 week ago

Question

★★★★★
B You may have been reading this scenario under the assumption that you do not have any physical challenges. Now imagine that you have speech challenges or that you suffer from a chronic illness....

Answered: 1 week ago

Question

★★★★★
Think back on a variety of different public presentations youve witnessedspeeches by fellow students, presentations by instructors, political debates, and so on. What is the most effective use of a...

Answered: 1 week ago

Previous Question Next Question