Cost assignment ________.
A) includes future and arbitrary costs
B) associates accumulated costs with certain cost objects
C) is the same as cost accumulation
D) is the difference between budgeted and actual costs

Question

Quizplus · Accepted Answer

Cost assignment involves associating accumulated costs with certain cost objects, such as products, services, or departments. It does not include future or arbitrary costs, and is not the same as cost accumulation or the difference between budgeted and actual costs.

Cost Assignment ________