Assertion (A) Activity based costing is not normally used for external reporting purpose. Reason (R) Activity based costing does not conform to generally accepted principles. Select the correct answer from the options gi
CS Executive · Cost and Management Accounting · PYQS · December 2016
Assertion (A) Activity based costing is not normally used for external reporting purpose. Reason (R) Activity based costing does not conform to generally accepted principles. Select the correct answer from the options given below —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost Accounting
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