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:

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A condition resulting from not consuming enough nutrients, leading to health problems and impaired physical and mental development.

Community Resources

Various types of support and facilities available within a community that provide assistance, information, and services to its members.

Urban Homeless Shelter

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