The Cost Allocation Base ________

question 29

Multiple Choice

The cost allocation base ________.

• A) is a grouping of individual indirect cost items
• B) are costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way
• C) is anything for which a measurement of costs is desired
• D) is a systematic way to link an indirect cost or group of indirect costs to cost objects

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Definitions:

Corporations

Legal entities established to conduct business, owning rights and liabilities separate from those of their members or shareholders.

The State

An organized political community living under a single system of government; may refer to the government or the territory it controls.

Perceptual Adaptation

The ability of the body to adjust to an environment by filtering out distractions.

Apparent Location

The perceived position of an object in space, which may differ from its actual position due to optical illusions or other factors.