Which of the following observations concerning the full-cost approach is NOT TRUE?

Which of the following observations concerning the full-cost approach is NOT TRUE?


A. All costs are not allocated in all situations.

B. It requires that difficult-to-allocate costs be split on some basis.

C. Fixed costs are also allocated in some way.

D. It could lead to a different decision than the one suggested by the contribution margin approach.

E. Common costs are also allocated in some way.



Answer: A. All costs are not allocated in all situations.


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