The more activities tracked by activity-based costing,the more accurately overhead costs are assigned.

Name: The more activities tracked by activity-based costing,the more accurately overhead costs are assigned.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Activity-based costing is designed to assign costs more accurately by tracking various activities and their related costs, which leads to a better allocation of overhead costs. Therefore, the more activities tracked, the more accurate the overhead costs allocation will be.

The More Activities Tracked by Activity-Based Costing,the More Accurately Overhead