Q.: Camellia, Inc. has multiple business segments. Which of the following statements is true? O Multiple Choice Traceable fixed costs are incurred to support more than one business segment and thus should not be charged to any particular segment. Fixed costs traceable to a business segment can become common costs if the business segment is divided into smaller segments. The company's segmented income statement is usually prepared in the traditional format. O If a business segment is entirely eliminated, a true common fixed cost will decrease