Question: QUES TION 1 1. For the typical company, COGS includes indirect product costs True O False O Can't Tell QUESTION 2 2. Under US GAAP,

QUES TION 1 1. For the typical company, COGS includes indirect

QUES TION 1 1. For the typical company, COGS includes indirect product costs True O False O Can't Tell QUESTION 2 2. Under US GAAP, depreciation of an administrative building is an example of a fixed product cost. True O False O Can't Tell QUESTION 3 3. Activity-based costing identifies the cost of activities and then allocates such costs to products, services, or customers based on their use of each activity. True O False O Can't Tel

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