Cost Allocation Is

question 11

Multiple Choice

Cost allocation is:

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

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Definitions:

Data

Information that is processed or stored by a computer.

String Objects

String Objects represent sequences of characters and are used to store and manipulate text in programming languages like Java and Python.

Mutable

Capable of being changed or modified, often used in contrast to immutable objects which cannot be altered after their creation.

Left Justified

Text or content that is aligned with the left margin or edge, leaving a ragged right margin.