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Home Q & A Board Other Fields Homework Help Business Accounting
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punkybrewster punkybrewster
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A year ago

Which of the following statements are true?

  1. A cost driver is a factor, such as machine-hours, beds occupied, computer time, or flight-hours, that causes direct costs.

  2. Job-order costing systems often use allocation bases that do not reflect how jobs actually use overhead resources.

  3. An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.



▸

Only statement I is true.



▸

Statements I and II are true.



▸

Statements II and III are true.



▸

All of the statements are true.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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shalashashalasha
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#1
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A year ago
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