When Traditional Absorption Costing Is Employed, Which of the Following

Multiple Choice

When traditional absorption costing is employed, which of the following is false?

A) In a multi-product organization, product costs are properly reported for financial reporting purposes
B) In a single product organization, product costs are properly reported for financial reporting purposes
C) In a multi-product organization, product costs are accurately reported for decision-making purposes
D) In a single product organization, product costs are accurately reported for decision-making purposes
E) None of the above