A/an ________ cost is the cost incurred;and they are distinguished from a ________ cost;which is a predicted,forecasted,or future cost.
A) budget;object
B) actual;budgeted
C) accumulated;actual
D) budgeted;actual
E) cost object;actual
Correct Answer:
Verified
Q13: The managers at BMW utilize their knowledge
Q14: Cost tracing:
A)describes the assignment of direct costs
Q15: Budgeted costs are also known as predicted
Q16: Managers use their knowledge about costs to
Q17: Cost accumulation:
A)is the cost incurred.
B)is a collection
Q19: The predicted,or forecasted costs,are:
A)actual costs.
B)budgeted costs.
C)cost object.
D)cost
Q20: The general term used to identify the
Q21: An example of a mixed cost is:
A)monthly
Q22: We define cost tracing as:
A)the assignment of
Q23: Cost tracing is used to describe the
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