Which of the following statements is not one of the bases of Activity Based Costing (ABC) ?
Products cause costs is not a basic premise of activity-based costing. ABC traces costs through activities: products consume activities, and those activities consume…
Choose your answer
Which of the following statements is not one of the bases of Activity Based Costing (ABC) ?
Answer and explanation
Correct answer D
Products cause costs is not a basic premise of activity-based costing. ABC traces costs through activities: products consume activities, and those activities consume resources and generate costs.
Practice for these exams
-
Gujarat SET (GSET)