As compared to traditional volume-based costing using a single plantwide overhead rate, activity-based costing (ABC) is a more refined costing system that reduces cost distortion

Historically, foreign direct investment has followed foreign trade, and one reason is that foreign trade is typically less costly and less risky than making a direct investment into foreign markets

a. true b. false

The objective of maintenance and reliability is to maintain the capability of the system

Indicate whether the statement is true or false