Q.

Which of the following is not an argument for using a separate stand alone system for activity based costing, i.e., rather than integrating ABC with the general ledger system used for GAAP?

A. GAAP product costs may be incorrect relative to ABC product costs
B. It is faster to develop.
C. It is less costly to develop.
D. Subjective information can be used that auditors might question.
Answer» A. GAAP product costs may be incorrect relative to ABC product costs

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