Cost Tracing Is ________

question 182

Multiple Choice

Cost tracing is ________.

• A) the assignment of direct costs to the chosen cost object
• B) a function of cost allocation
• C) the process of tracking both direct and indirect costs associated with a cost object
• D) the process of determining the actual cost of the cost object

---

Definitions:

Depreciation

A method used in accounting to divide the expenditure of a tangible asset over the time it is useful.

Taxes Paid

The total amount of taxes remitted to the government by an individual or organization, including income, sales, and property taxes.

Cash Flow to Stockholders

The amount of cash a company pays out to its shareholders, including dividends and net share buybacks.

Dividends Per Share

The amount of dividends paid out to shareholders per share of the company’s stock.