Saturday, June 2, 2012

The benefits-received criteria for allocating joint costs indicates market-based measures are preferred because

ACCOUNTING

Multiple Choice

The benefits-received criteria for allocating joint costs indicates market-based measures are preferred because

a. physical measures such as volume are a clearer basis for allocating cost than other measures.

b. other measures are more difficult to calculate.

c. revenues are usually the best indicator of the benefits received.

d. of none of the above.

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