A ________ is a grouping of individual indirect cost items.
A)cost pool
B)cost assignment
C)job-costing system
D)cost allocation base

Question

Quizplus · Accepted Answer

A cost pool is a grouping of individual indirect cost items. These items can then be allocated or assigned to specific cost objects such as products, services, or departments. Cost pools help simplify the allocation process by consolidating indirect costs into a manageable number of categories.

A ________ Is a Grouping of Individual Indirect Cost Items