Which of the following does NOT affect the direct/indirect classification of a cost?
A) the level of budgeted profit for the next year
B) the materiality of the cost in question
C) available technology to gather information about the cost
D) the design of the operation
Correct Answer:
Verified
Q1: A customer could be considered a cost
Q2: Cost objects include:
A)products
B)customers
C)departments
D)All of these answers are
Q3: Lucas Manufacturing has three cost objects that
Q4: A cost object is always either a
Q5: A cost system determines the cost of
Q7: Actual costs and historical costs are two
Q8: Cost tracing is _.
A) the assignment of
Q11: Cost assignment :
A)is always arbitrary
B)is includes tracing
Q15: Budgeted costs are _.
A) the costs incurred
Q16: The general term used to identify both
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