1 answer

Which of the following statement about the selection of allocation base is INCORRECT? A) The default...

Question:

Which of the following statement about the selection of allocation base is INCORRECT?

A)

The default base should always be used.

B)

A company should strive to select the allocation base that is the most accurate.

C)

More than one allocation base for a general overhead account can be identified.

D)

The base selected for a specific account should be related to that account and have a numeric relationship with each profit center.


Answers

Which of the following statement about the selection of allocation base is incorrect. Ansis option A the default base should

.

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