Costs which are NOT economically feasible to trace but which are related to a cost object are known as:
A)fixed costs
B)direct costs
C)indirect costs
D)variable costs

Question

Quizplus · Accepted Answer

Indirect costs are costs that are related to a cost object but cannot be traced to it in an economically feasible way. Fixed costs and variable costs are types of costs that can be directly attributed to a cost object. Direct costs are costs that can be easily traced to a specific product or service.

Costs Which Are NOT Economically Feasible to Trace but Which