Which of the Following Statements Is False

question 149

Multiple Choice

Which of the following statements is false?

• A) Both direct and indirect costs can be assigned to a cost object.
• B) Cost drivers are often selected based on the availability of information.
• C) Volume measures are good drivers for fixed overhead costs.
• D) Fixed costs that do not have a definitive cost driver are allocated using an allocation base that distributes a rational share of the cost to each product.

---

Definitions:

Perfect

Perfect is an adjective signifying something that is completely free from faults or defects, or matches an ideal standard of excellence.

Document

A written, drawn, presented, or memorialized representation of thoughts, ideas, or information.

Professional Letter

A formal written communication used in business, academic, or professional contexts, adhering to specific formatting and etiquette standards.

Confidentiality

The ethical or legal duty to keep someone's information private, shared only with individuals or entities authorized to receive it.