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(TCO 1) In refining a cost system, (Points : 3) total

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(TCO 1) In refining a cost system, (Points : 3) total direct costs are unchanged because they can be traced to the product in an economically feasible way and traced costs are more accurate. the costs are grouped in homogeneous pools of the same or similar amounts. the criterion of cause and effect is used to relate indirect costs to a factor that systematically links to a cost object. the organization looks for cost-allocation bases that will provide a uniform spreading of indirect costs to each product.
Submitted: 5 years ago.
Category: Homework
Expert:  Neo replied 5 years ago.

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