A key reason for using an ABC system rather than a conventional cost system is because ABC assigns overhead costs:

A) because they are indirect costs.
B) more simply than a traditional cost system.
C) based only on transaction drivers.
D) to reflect differences required by different activities as well as customers.

D

Business

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Management's discussion and analysis of financial condition and results of operations section of the annual report is the company's attempt to explain its financial statements and discuss its performance

Indicate whether the statement is true or false

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Many of the online exchanges and auctions are intermediary companies that simply match buyers and sellers

Indicate whether the statement is true or false

Business