Which of the following is NOT true about activity based costing?

What will be an ideal response?

activity based costing is based on the number of activities that are needed to produce a product

Business

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The buying process begins when someone places an order with a sales representative

Indicate whether the statement is true or false

Business

Perfection is necessary in order for a creditor to have a valid security interest

Indicate whether the statement is true or false

Business