Question Details

Any item for which a separate measurement of cost 



1.	Costs which are not economically feasible to trace but are related to a cost object are known as
	a.	fixed costs.
	b.	direct costs.
	c.	indirect costs.
	d.	variable costs.

		

2.	Any item for which a separate measurement of cost is desired is known as
	a.	cost allocation.
	b.	a cost object.
	c.	a direct cost.
	d.	an indirect cost.

		

3.	Indirect costs
	a.	often comprise a large percentage of overall costs assigned to a cost object.
	b.	specifically exclude marketing costs.
	c.	cannot be used for external reporting.
	d.	are treated as period costs and not as product costs.





Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help