Which of the following statements about activity-based costing is false? Activity-based costing is...
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Accounting
Which of the following statements about activity-based costing is false?
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Activity-based costing is most appropriate for a firm that produces similar products that use similar resources.
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Activity-based costing requires a two-stage allocation of costs.
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Activity-based costing categorizes costs as unit-level, batch-level, product-level, or organization-sustaining.
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Activity-based costing can be used for manufacturing, administrative, or selling costs.
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