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Which of the following statements regarding ABC is TRUE? A Direct Labor hours are the...

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Accounting

Which of the following statements regarding ABC is TRUE?

A Direct Labor hours are the most frequently used cost driver

B Machine Hours are the most frequently used cost driver

C The most frequently used cost driver is the one that has a high degree of correlation between the cost driver and the overhead costs.

D There is generally only one cost driver used in the application of overhead

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