Author Question: One reason for assigning selling and distribution costs to products for analytical purposes is ... (Read 221 times)

cdr_15 · **on:** Jul 5, 2018

One reason for assigning selling and distribution costs to products for analytical purposes is ________.

A) to justify a varied product-mix
B) that these costs should be included in the cost of goods sold in the income statement
C) to ensure that all costs are considered
D) that all direct costs must be assigned

Question 2

In governmental accounting, expenditures are

a. equal to expenses minus depreciation
b. incurred for operating purposes, capital acquisitions, and debt service
c. equal to encumbrances plus appropriations
d. incurred to generate revenue in order to promote the well-being of the citizens