Which of the Following Statements Is TRUE

question 67

Multiple Choice

Which of the following statements is TRUE?

• A) Indirect costs can be identified specifically with a given cost objective in an economically feasible way.
• B) Managers prefer to classify costs as indirect rather than direct.
• C) A cost may simultaneously be direct and indirect.
• D) Direct costs cannot be identified specifically with a given cost objective in an economically feasible way.

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Definitions:

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Positions

The roles or designations within an organization or structure, defining responsibilities and authority.

Performance Assessment

The process of evaluating the efficiency, effectiveness, and productivity of an employee or a team.

Past Performance

Historical record of an individual's or organization's achievements, behaviors, and contributions.