Which of the following is least likely to be a reason for allocating support department costs?
A) For internal reporting purposes
B) To motivate managers
C) To assist in strategic or operating decisions
D) For financial statements prepared according to GAAP

Question

Quizplus · Accepted Answer

Allocating support department costs for financial statements prepared according to GAAP is required by accounting standards. The other reasons listed are all legitimate reasons for allocating support department costs.

Which of the Following Is Least Likely to Be a Reason