Which one of the following statements is false with respect to a traditional overhead allocation system? a.

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Which one of the following statements is false with respect to a traditional overhead allocation system?
a. A traditional overhead allocation system is a good method of cost allocation in the right context.
b. A traditional overhead allocation system is widely used by many companies.
c. A traditional overhead allocation system essentially allocates overhead costs based on the number of units produced.
d. A traditional overhead allocation system usually works well in a company with multiple products and services.

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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