Which Purpose of Cost Allocation Is Used to Decide on the Selling

question 32

Multiple Choice

Which purpose of cost allocation is used to decide on the selling price for a customized product or service?

• A)to provide information for economic decisions
• B)to motivate managers and other employees
• C)to justify costs or compute reimbursement
• D)to measure income and assets for reporting to external parties

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Definitions:

Native American

Indigenous peoples of the United States, including Alaska Natives, recognized for their diverse cultures and histories.

Korean American

A person of Korean descent living in the United States, often referring to both immigrants from Korea and their American-born descendants.

Mae Ngai

An American historian known for her work on immigration, citizenship, and nationalism in U.S. history.

Racial Identification

The process of defining oneself or others based on race or ethnicity.