The allocation base determines whether a cost is classified, Financial Accounting

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The allocation base determines whether a cost is classified

Select the correct statement from the following.

The allocation base determines whether a cost is classified as direct or indirect.

The same cost cannot be classified as both direct and indirect.

Relevant costs can include direct and indirect costs.

Direct costs always display a variable behavior pattern.

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Financial Accounting: The allocation base determines whether a cost is classified

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Financial Accounting: The allocation base determines whether a cost is classified

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