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2. Cost accumulation is used to: A. Determine the cost of a particular cost object. B. Identify and estimate opportunity costs C. Identify fixed and

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2. Cost accumulation is used to: A. Determine the cost of a particular cost object. B. Identify and estimate opportunity costs C. Identify fixed and variable costs. D Set the selling price for a service Set the selling price for a 3. Select the false statement from the following. A. B. C. D. Only direct costs are traced to cost objects. The same cost may be assigned to more than one cost object. General, selling, A given cost can be driven by more than one cost driver. and administrative costs cannot be assigned to a cost object

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