For costs that accountants cannot directly trace to products or services,accountants use ________ or ________.
A)cost-allocation methods; leave costs unallocated
B)cost-budgeting methods; ignore remaining costs
C)sensitivity analysis; financial planning models
D)financial planning models; post-audits

Question

Quizplus · Accepted Answer

When accountants cannot directly trace costs to products or services, they use cost-allocation methods to allocate those costs to the products or services. Leaving costs unallocated would lead to inaccurate product costing and financial reporting.

For Costs That Accountants Cannot Directly Trace to Products or Services,accountants