Cost benefit analysis is used to determine whether a cost object has made use of a particular resource.
Correct Answer:
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Q2: A geographic region could be a cost
Q3: Only entities that are subject to accounting
Q4: Entities use either manual or computerised tracking
Q5: Direct costs can also be referred to
Q6: Before determining whether a cost is direct
Q8: Some costs are treated as indirect because
Q9: Costs that are common to many cost
Q10: One reason that entities allocate indirect costs
Q11: The cost object determines whether costs are
Q12: Understanding how costs are incurred help organisations
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