Costs That Can Be Traced to a Cost Object in a Cost-Effective

question 133

True/False

Costs that can be traced to a cost object in a cost-effective way are called direct costs.

---

Definitions:

Proportion

A portion, fraction, or quantity of something as it relates to the entirety.

Unknown Quantity

A variable or value in a mathematical equation or problem that is not known but can be solved for using given information.

Like Terms

Algebraic terms that have the same variable parts and powers.

Collect

Refers to gathering or bringing things together from multiple sources.