Accounting · Cost Accounting Systems
Which of the following statements is FALSE regarding the installation of a Costing System?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The general nature of the business should be considered to determine suitability.
- 2The behavior of consumers must be surveyed before installation.✓
- 3The size and layout of the organization should be studied.
- 4Existing accounting methods and procedures should be studied.
Correct answer
The behavior of consumers must be surveyed before installation.
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