Multiple Choice
Which of the following statements regarding overhead costs is not true?
A) Overhead costs are only allocated to a single cost object.
B) Overhead costs are also known as indirect costs.
C) Overhead costs might be traceable to an individual cost object but it is not cost effective to do so.
D) All of the statements about overhead costs are true.
Correct Answer:

Verified
Correct Answer:
Verified
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