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Which of the following statements concerning direct and indirect costs is NOT true? Multiple Choice A particular cost may be direct or indirect, depending on

Which of the following statements concerning direct and indirect costs is NOT true?
Multiple Choice
A particular cost may be direct or indirect, depending on the cost object.
Whether a particular cost is classified as direct or indirect does not depend on the cost object.
A direct cost is one that can be easily traced to the particular cost object.
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