With regard to Activity based costing, the folleding statement is not true D Activities are the tasks that people o machines perform in order to provide aproductor Service 2) ABC systems assume that activities cause costs and proclucts create ed the demond for activities 3) with an ABC system, costs are managed in the long term by controlling the activities that drive them. 4) With ABC costing high volume products are aver costed and los vidume products under coskd