The costing system that reduces the use of broad averages for assigning the cost of resources to cost objects is the ________.
A)job-costing system
B)process-costing system
C)product-costing system
D)market-costing system
E)refined-costing system

Question

Quizplus · Accepted Answer

The refined-costing system reduces the use of broad averages for assigning the cost of resources to cost objects by providing more accurate cost allocations, often through the use of activity-based costing or other more precise methods.

The Costing System That Reduces the Use of Broad Averages