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Which of the Following Statements Is Correct

Question 3

Multiple Choice

Which of the following statements is correct?


A) Traditional costing systems allocate both manufacturing costs and nonmanufacturing costs.
B) Activity-based costing systems allocate only manufacturing costs.
C) Activity-based costing systems allocate both manufacturing costs and nonmanufacturing costs.
D) Traditional costing systems tend to be more accurate and less expensive.

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