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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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