Monday, May 23, 2011

Classifying a cost as either direct or indirect depends upon

ACCOUNTING

Multiple Choice

Classifying a cost as either direct or indirect depends upon

a. the behavior of the cost in response to volume changes

b. whether the cost is expensed in the period in which it is incurred

c. whether the cost can be easily identified with the cost object

d. whether an expenditure is avoidable or not in the future

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