Which of the Following Is True of Refinement of a Costing

question 134

Multiple Choice

Which of the following is true of refinement of a costing system?

• A) While refining a costing system, companies should identify as many indirect costs as is economically feasible.
• B) A homogeneous cost pool will use multiple cost drivers to allocate costs.
• C) It reduces the use of broad averages for assigning the cost of resources to cost objects.
• D) It is likely to yield the most decision-making benefits when direct costs are a high percentage of total costs.

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