One Purpose of Cost Allocations Is to Justify Costs to Establish

question 32

True/False

One purpose of cost allocations is to justify costs to establish a "fair" price, often required by law and government contracts.

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Definitions:

Somatic

Relating to the body, especially as distinct from the mind.

Parasympathetic

A branch of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

American Sign Language (ASL)

A complete, natural language using hand movements, body language, and facial expressions for communication, primarily used by the deaf community in the United States and parts of Canada.

Left Hemisphere

The left side of the human brain, which is often associated with logical thinking, analytical processes, and language skills.