Can activity-based costing (ABC) be used by service companies? If so, is the implementation of an ABC system in a service company different than that of a manufacturing company?
Yes, ABC can be used by service companies, but it is slightly different for a number of reasons. First of all, there are fewer repetitive actions in service companies making the identification of activities and cost drivers more challenging. Also, service companies typically have more facility-level costs which usually require arbitrary allocation.
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Discuss the three major responsibilities of the Equal Employment Opportunity Commission.
What will be an ideal response?
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