Cost tracing is
A)the assignment of direct costs to the chosen cost object.
B)a function of cost allocation.
C)the process of tracking both direct and indirect costs associated with a cost object.
D)the process of determining the actual cost of the cost object.
E)the assignment of both direct and indirect costs associated with a cost object.

Question

Quizplus · Accepted Answer

Cost tracing specifically refers to the assignment of direct costs to a chosen cost object. The other options involve indirect costs or a combination of both direct and indirect costs.

Cost Tracing Is