Select the Incorrect Statement from the Following

question 140

Multiple Choice

Select the incorrect statement from the following.

• A) The difference between a direct cost and an indirect cost is that a direct cost relates to a given cost object while an indirect cost does not.
• B) Actual costs are useful for evaluating managerial performance.
• C) Actual costs are not relevant in many decisions because actual costs cannot be determined until after the decision has been made.
• D) When accumulating the cost of a specific cost object, the indirect costs are allocated to the cost object.

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Definitions:

Clients

Individuals or entities that seek and utilize the professional services or advice of another person or organization.

Dialectical Behavior Therapy

A comprehensive cognitive-behavioral treatment that emphasizes individual psychotherapy and group skills training classes to help people learn and use new skills and strategies to develop a life that they experience as worth living.

Cognitive Tactics

Strategies or methods employed by an individual to solve problems, make decisions, or process information.

Mindfulness Meditation

A reflective practice in which people attend to current experiences in a nonjudgmental and accepting manner.