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Select the incorrect statement from the following. Multiple Choice a) Indirect costs can be easily traced to a cost object. b) Actual costs are useful
Select the incorrect statement from the following.
Multiple Choice
a) Indirect costs can be easily traced to a cost object.
b) Actual costs are useful for evaluating managerial performance.
c) Actual costs are not relevant in many decisions because actual costs cannot be determined until after the decision has been made.
d) When accumulating the cost of a specific cost object, the indirect costs are allocated to the cost object.
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