Which of these statements concerning the determination of the full cost of a cost object is not true?
A) direct costs are traced via source documentation
B) full cost includes only manufacturing costs
C) indirect costs are allocated via the use of a cost driver
D) none of the statements is untrue

Question

Quizplus · Accepted Answer

Full cost includes both direct and indirect costs. It is not limited to manufacturing costs only. Therefore, statement B is not true.

Which of These Statements Concerning the Determination of the Full