Which of the following statements is false?
A) A cost can be defined as a direct cost if the bookkeeping system can keep track of how much of the cost was consumed by the cost object
B) Whether a cost is direct or indirect cannot be determined until the cost object has been defined
C) If the cost object is a batch of 1000 units of production, then factory property taxes could be a direct cost if the bookkeeping system is detailed enough
D) Some indirect costs might have been considered direct costs if a company had better technology for capturing information
Correct Answer:
Verified
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