How can a business save on premium paid to insurance companies while also mitigating risk effectively? a)by covering all the risks that a business could face b)by having a higher deductible c)by choosing an unlicensed insurance agent d)by making sure no employees take risks in the business

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above