Which of the following statements about cost allocation is, Ask an Expert

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Which of the following statements about cost allocation is most correct?

a. The direct method of allocation recognizes services provided by support departments to one another.

b. The step-down method must recognize all intra-support department costs.

c. A cost driver is any grouping of overhead costs that must be allocated.

d. None of the above statements is correct.

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Financial Management, Finance

Category:- Financial Management
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