Which of the following is true of the features and characteristics value-stream costing approach?

A.This costing approach offers both simplicity and accuracy and, thus, may be well suited for multiple-product value streams.

B.This costing approach recognizes that some product components take more effort (time) to make than others and thus cost more.

C.This costing approach uses a single rate to assign conversion costs and approximates a comprehensive ABC system based in duration drivers.

D.This costing approach is used interchangeably with the duration-based value-stream costing approach.