Which of the Following Best Describes the Term Used to Assign

question 152

Multiple Choice

Which of the following best describes the term used to assign indirect costs to a cost object?

• A) Cost tracing
• B) Cost allocation
• C) Cost assignment
• D) Cost accumulation

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Definitions:

Raceway

An enclosed conduit that forms a physical pathway for electrical wiring, protecting wires and cables from damage and interference.

Ampacity

The maximum amount of electric current a conductor or device can carry before sustaining immediate or progressive deterioration.

Circular Mils

A unit of area used specifically in the calculation of wire cross-sectional areas, defined as the area of a circle with a diameter of one mil (one-thousandth of an inch).

Diameter

A straight line passing from side to side through the center of a body or figure, especially a circle or sphere.