For a CPA firm,how would the costs of continuing education for audit managers be classified?
$\text {\underline{ Direct Costs} }$ $\text {\underline{ Value-A dded Costs} }$

A) Yes No
B) No Yes
C) Yes Yes
D) No No

Question

For a CPA firm,how would the costs of continuing education for audit managers be classified?
$\text {\underline{ Direct Costs} }$         $\text {\underline{ Value-A dded Costs} }$

A) Yes No
B) No Yes
C) Yes Yes
D) No No

Quizplus · Accepted Answer

The costs of continuing education for audit managers are indirect costs as they cannot be directly traced to a specific audit engagement. They are also not considered value-added costs, as they do not directly contribute to the audit process itself but are necessary for maintaining professional competence.

For a CPA Firm,how Would the Costs of Continuing Education Direct Costs‾ \text {\underline{ Direct Costs} } Direct Costs​

For a CPA Firm,how Would the Costs of Continuing Education $\text {\underline{ Direct Costs} }$