Which of the following statements is true of assigning costs to a cost object?
A) Assigning costs to a cost object is the way that costs are measured and recorded.
B) Assigning costs to a cost object can be accomplished in a number of ways.
C) Assigning costs to a cost object typically is simpler than cost accumulation.
D) All of these

Question

Quizplus · Accepted Answer

Assigning costs to a cost object can be done in various ways, such as direct tracing, driver tracing, or allocation, depending on the nature of the costs and the cost object.

Which of the Following Statements Is True of Assigning Costs