There is no best cost allocation methodology for a human service agency or program to use in allocating indirect costs. Which of the following statements is INCORRECT?
A) The total direct costs methodology is the simplest approach to implement.
B) The direct labor costs methodology is said to be superior approach then the majority of an agency's programs are labor intensive.
C) The direct costing method is said to be the most accurate for of cost allocation.
D) The indirect costing method is used when labor is intensive but labor hours are not.
Correct Answer:
Verified
Q8: The first step in developing either a
Q9: Every item of proposed expense can be
Q10: Indirect costs are those items of expense
Q11: The use of the term "other operating
Q12: The cost allocation methodology is used in
Q14: The knowledge of a program's true unit
Q15: Which of the following is NOT one
Q16: If you are the program manager
Q17: If your program has a total of
Q18: By relating costs to planned outcomes (results,
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