4. Which of the following sentences is FALSE (only one correct answer): O O O O Full cost comprehends all the resources used for a determined cost object. The "traditional" allocation bases allocate the indirect costs apportioned to the use of direct resources, that means proportional to volume. Direct costs are attributable to a cost object in an objective way. The full cost of production comprehends the cost of raw materials, transformation costs ar a fair share of the period costs. The Activity Based Costing system is an alternative system to determine the full cost. The allocation basis is the measure used to allocated indirect costs to cost objects. Full cost is the sum of the direct costs and a fair share of indirect costs. O O O