Which of the following would be a likely disadvantage of activity-based costing (ABC)?

A) A decrease in a company's ability to accurately prepare budgets for the upcoming period.
B) A decrease in a company's ability to find opportunities for continuous improvement.
C) An increase in the accuracy of product cost information.
D) An increase in the cost of obtaining accurate product cost information.


D

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Which of the following is true of ownership rights of an abandoned property?

A) The finder and owner must share ownership of the property. B) The finder acquires title to the property, even against its original owner. C) The owner can reclaim his or her property completely from the finder. D) The owner of the premises where property is mislaid is entitled to possession but does not acquire title.

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Any paralegal can become a legal nurse consultant as long as they take a medical records course as part of their paralegal training

Indicate whether the statement is true or false

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If you need individual coverage, a good way of holding down your insurance costs would be to

A) purchase only accident insurance. B) purchase accident insurance supplemented by policies for specific catastrophic diseases such as cancer. C) purchase a comprehensive health care policy. D) purchase major medical insurance with high deductibles.

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Average-cost pricing

A. cannot be profitable, because it ignores demand. B. will result in losses if actual sales are much higher than expected. C. usually assumes the firm will sell a larger quantity than the year before. D. might cause a firm to charge too high or too low a price-and reduce its profits. E. All these answers are correct.

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