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The question is based on APPLE COMPANY (apple.com). To answer the questions, you will need to type or go to investor.apple.com/ investor-relat... Investors Updates and

The question is based on APPLE COMPANY (apple.com). To answer the questions, you will need to type or go to investor.apple.com/ investor-relat... Investors Updates and choose to View the Form 10-Q to download the latest Apple Company's Form 10-Q quarter-ended report. There is 1st quarter, 2nd quarter, and 3rd quarter. Use the latest Quarter report. Use the latest available report. As of December 2022, the latest financial statements are as of the preceding quarter. In the real world, financial accounting reports have a time lag because of the time needed to prepare these reports. In larger organizations, it is even 1 semester. This is an acceptable reality because for these reports the emphasis is on principles of objectivity, verifiability, and precision. List two cost objects for Apple Company. For each cost object, mention one example of a direct cost and an indirect cost.

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