Question: In an activity-based costing system, the first step in assigning costs is to A. separate nonvalue-adding activities from value-adding activities. B. identify the appropriate activities

In an activity-based costing system, the first step in assigning costs is to

  • A. separate nonvalue-adding activities from value-adding activities.
  • B. identify the appropriate activities for each function.
  • C. analyze all nonvalue-adding activities to determine if they are necessary support areas.
  • D. accumulate costs for each activity.

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