Question: An activity - based costing system that is designed for internal decision - making will not conform to generally accepted accounting principles because: Multiple Choice
An activitybased costing system that is designed for internal decisionmaking will not conform to generally accepted accounting principles because:
Multiple Choice
activitybased costing results in less accurate costs than more traditional costing methods based on direct laborhours or machinehours.
activitybased costing has not been approved by the United Nation's International Accounting Board.
under activitybased costing the sum of all product costs does not equal the total costs of the company.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
