Which of the following is NOT a major objective of allocation as identified by the IMA?
A)to detect fraud
B)to obtain a mutually agreeable price
C)to compute product-line profitability
D)to value inventory

Question

Quizplus · Accepted Answer

Detecting fraud is not a major objective of allocation as identified by the Institute of Management Accountants (IMA). The other three options (obtaining a mutually agreeable price, computing product-line profitability, and valuing inventory) are all major objectives of allocation according to the IMA.

Which of the Following Is NOT a Major Objective of Allocation