Economics · Activity Based Costing
Which of the following statements about Activity-Based Costing (ABC) is/are TRUE? 1. It is not relevant for service industry businesses. 2. It is based on marginal costing principles.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 Only
- 22 Only
- 3Neither 1 nor 2✓
- 4Both 1 and 2
Correct answer
Neither 1 nor 2
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