Question: Which statement is correct? 1. The COS-format applies allocations to assign expenses to cost categories. 2. The NoE-format records expenses based on its function for
Which statement is correct?
1. The COS-format applies allocations to assign expenses to cost categories.
2. The NoE-format records expenses based on its function for the entity.
3. The NoE-format uses cost allocations to assign expenses to cost objects.
4. The NoE-format records expenses based on characteristics and not along its function.
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