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Which of the following is a limitation of traditional costing systems?

Practice Questions

1 question
Q1
Which of the following is a limitation of traditional costing systems?
  1. They provide accurate product costing
  2. They may lead to overcosting or undercosting of products
  3. They are easy to implement
  4. They focus on direct costs only

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a limitation of traditional costing systems?
Solution: Traditional costing systems can lead to overcosting or undercosting of products due to their simplistic allocation methods.
Steps: 0

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