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Which of the following statements is true? In activity - based costing, all manufacturing costs must be included in product costs. Activity - based costing
Which of the following statements is true?
In activitybased costing, all manufacturing costs must be included in product costs.
Activitybased costing is a costing method that is designed to provide managers with product cost information for internal decisionmaking.
Activitybased costing is best proposed, designed and implemented by the accounting department without requiring the time of busy managers.
A traditional cost system is generally easier to set up and run than an activitybased costing system.
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