A Cost Allocation Base May Be Any of the Following

question 22

Multiple Choice

A cost allocation base may be any of the following except:

• A) a cost pool.
• B) a cost driver.
• C) a non-financial quantity.
• D) a way to link indirect costs to a cost object.

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Definitions:

Human Capital

The improvement in labor created by education and knowledge that is embodied in the workforce.

College Degree

A certification awarded by colleges or universities to signify that a student has completed a specified course of study, typically representing a higher level of education and expertise.

Stock

In finance, stock represents ownership shares in a company, allowing investors to claim on the company's assets and earnings proportionate to the amount of stock they own.

Economy

A system of production, distribution, and consumption of goods and services among a group of people.