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11 2.00 points value: TB MC Qu. 4-45 Which of the following statements is correc

ID: 2527058 • Letter: 1

Question

11 2.00 points value: TB MC Qu. 4-45 Which of the following statements is correc... Which of the following statements is correct about the differences between a volume-based cost system and an ABC system? O The only difference is how the methods assign indirect costs to products. O The only difference is how the methods assign direct costs to products O The methods assign both direct and indirect costs differently to products. O There is no difference in how the methods assign direct or indirect costs to products

Explanation / Answer

Volume based system and ABC system is the difference the method assign indirect cost of product.

so answer is a) The only difference is how the methods assign indirect costs to products

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