Assigning costs
A) involves the way that a cost is linked to some cost object.
B) tells the company why the money was spent.
C) to a cost object using a reasonable and convenient method is allocation.
D) all of these.

Question

Quizplus · Accepted Answer

Assigning costs involves linking a cost to a specific cost object, and this can be achieved through allocation, which uses a reasonable and convenient method. Knowing why the money was spent is also important, but it is not the primary concern of assigning costs. Therefore, all the options mentioned in the question are relevant to assigning costs.

Assigning Costs