A direct cost is a cost that is:

A. Traceable to the company as a whole.
B. Traceable to multiple cost objects.
C. Identifiable as controllable.
D. Does not change with the volume of activity.
E. Traceable to a single cost object.


Answer: E

Business

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Fill in the blank(s) with the appropriate word(s).

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The deviation of actual demand from the forecast is called ______.

a. overforecasting error b. underforecasting error c. forecasting error d. none of these

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Indicate whether the statement is true or false

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Fill in the blank with correct word.

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