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Which of the following statements accurately describes activity-based costing (ABC)? Select one: a. Activity based costing is usually cheaper to implement than traditional volume based

Which of the following statements accurately describes activity-based costing (ABC)?

Select one:

a. Activity based costing is usually cheaper to implement than traditional volume based costing.

b. Activity based costing can only be used by manufacturing companies.

c. Activities consume resources and products consume activities.

d. Activities consume only facility-level costs.

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