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What factors have influenced the development and application of activity-based costing (ABC)?
  • a)
    Low automation and simpler production processes
  • b)
    Decreased competition in the market
  • c)
    High overhead costs and increased complexity
  • d)
    Reduced demand for quality products
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What factors have influenced the development and application of activi...
The development and application of ABC have been influenced by factors such as high overhead costs, increased complexity, and automation in production processes, as mentioned in the text.
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What factors have influenced the development and application of activity-based costing (ABC)?a)Low automation and simpler production processesb)Decreased competition in the marketc)High overhead costs and increased complexityd)Reduced demand for quality productsCorrect answer is option 'C'. Can you explain this answer?
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