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Which of the Following Statements Regarding Traditional Cost Accounting Systems

Question 63

Multiple Choice

Which of the following statements regarding traditional cost accounting systems is False?


A) Products are often over or under costed in traditional cost accounting systems
B) Most traditional cost accounting systems do not trace individual costs to products
C) The advantage of traditional cost accounting systems is their simplicity
D) Traditional cost accounting systems can be sufficient to meet managers' cost information needs as long . as the level of indirect costs is relatively high compared to the level of direct costs

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