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Which of the following statements about activity based costing (ABC) is most correct? a. It uses a top down approach to cost allocation. b. It

Which of the following statements about activity based costing (ABC) is most correct? a. It uses a top down approach to cost allocation. b. It is most useful for assigning costs to departments. c. It is most useful for assigning costs to individual services. d. It is easy to apply because it ignores overhead costs. e. It is less costly to implement than traditional costing methods.

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