The cost-application base is referred to as the cost-allocation base when a cost object is a job,product,or customer.

Name: The cost-application base is referred to as the cost-allocation base when a cost object is a job,product,or customer.
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Question

Quizplus · Accepted Answer

The cost-allocation base is the measure used to assign costs to cost objects such as jobs, products, or customers. The cost-application base is not a commonly used term in accounting or cost allocation.

The Cost-Application Base Is Referred to as the Cost-Allocation Base