The total cost of a cost object can only include the direct costs that are directly traced to that cost object.

Name: The total cost of a cost object can only include the direct costs that are directly traced to that cost object.
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Quizplus · Accepted Answer

The total cost of a cost object can include both direct costs that are directly traced to that cost object and indirect costs that are allocated to the cost object based on some predetermined allocation method.

The Total Cost of a Cost Object Can Only Include