If a cost is incurred to support the company as a whole,it is referred to as a
A)Common cost.
B)Traceable cost.
C)Direct cost.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Common costs are the costs that can't be traced to a specific cost object or are incurred to support the entire company. These costs are often shared among different departments or products and can't be easily allocated to a specific cost object. Examples of common costs include rent, utilities, and salaries of top management.

If a Cost Is Incurred to Support the Company as a Whole,it