If the vast majority of costs were directly traceable to cost objects,then cost allocation would be a minor issue.

Name: If the vast majority of costs were directly traceable to cost objects,then cost allocation would be a minor issue.
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Quizplus · Accepted Answer

If costs are directly traceable to cost objects, then there would be no or little need for cost allocation as the costs can be directly assigned to the cost object. Therefore, cost allocation would be a minor issue.

If the Vast Majority of Costs Were Directly Traceable to Cost