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Which of the following is most liquid?
Indirect Cost
Expenses not directly linked to the production of goods or services, such as rent, utilities, and administrative salaries.
Cost Object
Anything for which cost data are desired. Examples of cost objects are products, customers, jobs, and parts of the organization such as departments or divisions.
traceability Of Costs
The ability to assign direct costs to specific cost objects and to allocate indirect costs accurately.
Merchandise Purchases
The acquisition of goods for resale by a retail or wholesale business, typically finished products bought for resale.
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