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cricket20 [7]
3 years ago
10

Cost assignment ________. Group of answer choices includes future and arbitrary costs encompasses allocating indirect costs to a

cost object is the difference between budgeted and actual costs is the same as cost accumulation
Business
1 answer:
Vika [28.1K]3 years ago
4 0

Answer:

encompasses allocating indirect costs to a cost object

Explanation:

Cost assignment -

It refers to the distribution of the cost in various objects and activities which initiate the proper bifurcation of the costs , is referred to as cost assignment .

The method is used in the activity - based costing .

It is also known as cost allocation .

All the direct and indirect cost are allotted with the help of cost assignment .

Hence , from the given information of the question ,

The correct answer is -

encompasses allocating indirect costs to a cost object .

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GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed
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However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.

5 0
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During periods of decreasing costs, the use of the LIFO method of costing inventory will result in a lower amount of net income
gladu [14]

Answer:

b. False

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