If a Cost Is a Common Cost of the Segments

question 14

Multiple Choice

If a cost is a common cost of the segments on a segmented income statement, the cost should:

• A)be allocated to the segments on the basis of segment sales.
• B)not be allocated to the segments.
• C)excluded from the income statement.
• D)treated as a product cost rather than as a period cost.

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Definitions:

Religious Restrictions

Regulations or limitations imposed on the practice or expression of religious beliefs.

Germans

Individuals from Germany or of German descent, constituting one of the largest ethnic groups in the United States, particularly known for their influence on American culture and communities.

Reformation

A major movement in the 16th century aimed at reforming certain practices and doctrines of the Catholic Church, leading to the establishment of Protestant churches.

Persecution

The act of harassing, oppressing, or mistreating individuals or groups, especially because of their religious beliefs, political opinions, or other characteristics.