The step-down method of allocating service department costs:

A. is a less accurate method of allocation than the direct method
B. can't be used when a company has more than two service departments
C. is a simpler allocation method than the direct method.
D. ignores some interdepartmental services

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The banking act of 1933, also known as the glass-steagall act, established the federal deposit insurance corporation (fdic), which a protected banks from failure by ensuring that the government would bail them out if necessary. b required american taxpayers to establish an account with a commercial bank. c protected depositors from financial losses when banks failed.

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