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    College Accounting Study Set 1
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    Exam 24: Departmental Accounting
  5. Question
    Indirect Expenses Are Allocated to Departments Based On
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Indirect Expenses Are Allocated to Departments Based On

Question 126

Question 126

Multiple Choice

Indirect expenses are allocated to departments based on:


A) decisions of the stockholders.
B) directives from the board of directors.
C) some reasonable basis,such as percent of sales.
D) generally accepted accounting principles.

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