When You Enter a Purchase and Have Allowed Allocation for All

question 11

Multiple Choice

When you enter a purchase and have allowed allocation for all expense and revenue accounts -

• A)cost of goods sold will be correctly allocated automatically
• B)freight expenses may not be allocated
• C)variance costs may not be allocated
• D)all expense accounts will be correctly allocated if you enter the allocation details

---

Definitions:

Estimated Line of Cost Behavior

A projection or forecast of how costs will change with different levels of activity.