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Which of the following option is correct regarding difference in activity-based costing when compared to simple costing? Simple costing and activity-based costing usually yield very
Which of the following option is correct regarding difference in activity-based costing when compared to simple costing? Simple costing and activity-based costing usually yield very similar product costs. Simple costing is only as good as the drivers selected, and their actual relationship to costs. Using activity-based costing does guarantee more accurate costs, but simple costing does not. Activity-based costing is generally considered to be more accurate and more costly to implement
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