Which of the following statements is correct:

A: Cost accumulation is the assignment of direct costs to the chosen cost object.

B: If the amount of costs is too small to be traced directly to cots objects, such costs are designated as indirect costs.

C: The determination of a cost as either direct or indirect depends upon the accounting standards.

D: The collection of cost data in an organized way, such as in various categories such as materials, labor, and manufacturing overhead, is called cost tracing.