Which of These Statements Concerning the Determination of the Full

question 89

Multiple Choice

Which of these statements concerning the determination of the full cost of a cost object is not true?

• A) direct costs are traced via source documentation
• B) overheads are included
• C) indirect costs are allocated via the use of a cost driver
• D) full cost includes only manufacturing costs

---

Definitions:

Performance Problems

Issues or difficulties encountered in the execution or achievement of tasks or objectives, often impacting productivity and efficiency.

Corrective Action

A process of identifying and resolving issues that prevents or corrects deviations from set standards or objectives, aiming to eliminate causes of non-conformities.

Statesmanship

The skill, wisdom, and respectability demonstrated by a leader in managing public affairs and making decisions.

Citizenship

The status of being a member of a particular country or community, with associated rights and responsibilities.