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Which of the following statements is true regarding service businesses? many service companies use activity-based costing for determining the cost of services activity-based costing does
Which of the following statements is true regarding service businesses?
many service companies use activity-based costing for determining the cost of services
activity-based costing does not apply to service businesses
assigning overhead costs is not an issue in service businesses
the use of single and multiple department overhead rate methods may lead to distortions similar to those of manufacturing firms
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