Accountants want not to assign costs to the wrong jobs what, Finance Basics

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Accountants want not to assign costs to the wrong jobs what

Managerial Accounting Questions

1. Should Activity Based Costing (ABC) be implemented in all organizations? Please explain.

2. Accountants want not to assign costs to the wrong jobs. What problem(s) does assigning cost to the wrong job cause?

3. Why is an organization that has a long-run focus more likely to implement ABC than one that has a short-term focus?

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