Allocation Means That an Indirect Cost Is Assigned to a Cost

question 41

True/False

Allocation means that an indirect cost is assigned to a cost object using a reasonable and convenient method.

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Definitions:

Check References

The process of verifying the qualifications, experience, and suitability of job applicants by contacting their provided references.

Department Manager

A role within an organization responsible for managing the operations, staff, and budget of a department.

Applicants

Individuals who apply or show interest in a job position or educational program.

Recruit Externally

The process of hiring employees from outside the organization rather than promoting from within.