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:

Value

The monetary, material, or assessed worth of an asset, good, or service.

Intrinsic Value

The true, inherent, and objective value of an asset, independent of its current market price, determined through fundamental analysis.

Market Price

The current price at which an asset or service can be bought or sold.

Call

In finance, a call refers to an option contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other instruments at a specified price within a specific time period.