Question
1-Please advice and provide examples Some managers believe that allocated costs are arbitrary and therefore not relevant, and that only costs that are direct costs
1-Please advice and provide examples
Some managers believe that allocated costs are arbitrary and therefore not relevant, and that only costs that are direct costs should be reported. Explain why you believe all costs are relevant and why allocation of costs is necessary for accurate financial reporting.
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Principles of Financial Accounting chapters 1-17
Authors: John Wild, Ken Shaw, Barbara Chiappetta
23rd edition
1259687740, 1259687747, 978-1259687747
