Question

Which of the following statements best decribes an indirect cost? Question 8 options: None of these statements are true. An indirect cost can be easily and accurately traced to a cost object. An indirect cost is assigned to a cost object using allocation. It is not important to assign an indirect cost as it can be tr

Answer 1

Answer:

Which of the following statements best decribes an indirect cost?

An indirect cost is assigned to a cost object using allocation

Explanation:

A cost or expense that is not directly traceable to a department, product, activity, customer, etc. As a result indirect costs and expenses are often allocated to the department, product, etc.