Which of the Following Is a Grouping of Individual Costs

question 127

Multiple Choice

Which of the following is a grouping of individual costs whose total is allocated using one allocation base?

• A)Cost objective
• B)Cost pool
• C)Direct cost
• D)Cost driver

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Definitions:

Farm Laborers

Workers who are employed in the agricultural sector, performing manual labor tasks in the cultivation and harvesting of crops.

Out of Work

A term used to describe individuals who are currently unemployed and not engaged in a job.

Budget Surplus

Excess funding that occurs when government spends less than the amount of funds raised through taxes and fees.

Government of a Country

The organization that is the governing authority of a political unit, responsible for creating and enforcing laws, managing public resources and services, and protecting the rights of its citizens.