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Which of the Following Can Be Described as a Fiduciary

Question 116

Multiple Choice

Which of the following can be described as a fiduciary duty of cost assignment?


A) ABC should be implemented to ensure adequate cost control regardless of cost.
B) Department managers should select activity cost drivers that increase their chance for success.
C) Effective delegation requires management to maintain close control over processes that incur costs.
D) Managers must avoid expanding their scope beyond the functions they control.
E) Cost assignment should begin with a limited scope of activities that managers believe are critical to the success of the company.

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