Which of the following statements is true regarding activity-based costing (ABC)?
A . An ABC costing system is similar to conventional costing systems in how it treats the allocation of manufacturing overhead.
B . An ABC costing system uses a single unit-level basis to allocate overhead costs to products.
C . An ABC costing system may be used with either a job order or a process cost accounting system.
D . The primary disadvantage of an ABC costing system is less accurate product costing.
Answer: C
Latest IIA-CIA-Part3 Dumps Valid Version with 402 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund