An Allocated Cost Is A(n)________ Assigned to a Cost Object

question 97

Multiple Choice

An allocated cost is a(n) ________ assigned to a cost object using a ________.

• A) direct cost; cost-allocation base
• B) indirect cost; cost-allocation base
• C) direct cost; cost pool
• D) indirect cost; cost pool

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Definitions:

Genes

Units of heredity made up of DNA, responsible for the inherited characteristics in living organisms.

Body Weight

The total mass of an individual, often used as an indicator of health and measured in units such as pounds or kilograms.

Junk Food

Food that is high in calories but low in nutritional value, often containing high levels of sugar, fat, and salt.

Junior Year Abroad

A program that allows college or university students to study overseas for one year, typically in their junior year, to enhance their education and cultural understanding.