You are in the process of assigning costs to a specified


You are in the process of assigning costs to a specified cost object. You have determined which costs you will assign and are now in the process of deciding which costs to assign directly and which to assign indirectly.

A) Explain specifically how you would decide which costs to assign directly versus which to assign indirectly.

B) Define cost, cost object direct cost and indirect cost.

C) How would advanced information gathering technology affect your classification?

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Financial Accounting: You are in the process of assigning costs to a specified
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