Which one of the following is a true statement about activity-based costing? A) There is generally one and only one cost driver for each activity. B) The activity driver (used to assign the overhead to the cost objects) must be a cost driver. C) There is no such thing as a resource driver. D) Process mapping is a good way to identify activities for activity-based costing. E) Every activity-based costing system will have the same activities, as long as the companies are in the same industry
Which one of the following is a true statement about activity-based costing?
A) There is generally one and only one cost driver for each activity.
B) The activity driver (used to assign the overhead to the cost objects) must be a cost driver.
C) There is no such thing as a resource driver.
D) Process mapping is a good way to identify activities for activity-based costing.
E) Every activity-based costing system will have the same activities, as long as the companies are in the same industry