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Which of the following statements about activity-based costing (ABC) is not true? (CIA adapted) Multiple Choice In ABC, cost drivers are used to link costs

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Which of the following statements about activity-based costing (ABC) is not true? (CIA adapted) Multiple Choice In ABC, cost drivers are used to link costs to products. O ABC is useful for assigning marketing and distribution costs. o ABC differs from traditional costing systems in that products are not cross- subsidized ABC is more likely to result in major differences from traditional costing systems if the firm manufactures only one product rather than n products

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