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Which of the following descriptions about cost assignment is false? Group of answer choices Costs that cannot be traced easily or cost-effectively can be assigned
Which of the following descriptions about cost assignment is false? Group of answer choices
Costs that cannot be traced easily or cost-effectively can be assigned to cost objects using allocation.
Costs should always be assigned directly to cost objects whenever there is traceability.
The more costs that can be traced directly to cost objects, the greater the accuracy of the cost assignment.
Prime costs are typically assigned to cost objects using direct tracing.
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