QUESTION 13 Since indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the preferred approach for these costs is: assign them by means of cost allocation. assign them where needed. assign them randomly to even out these costs. not assign them at all QUESTION 14 Refer to the week six problem-solving activity one. What is the best answer below to explain the increase in the principal payment each year in alternative two ( The interest cost is lower each year in alternative two. The total cash flow is higher in alternative two. The income after tax is higher in alternative two. The ending principal balance is increasing at the end of each year. QUESTION 15 All the following are examples of current liabilities except: Accrued expenses. Accounts payable Bonds payable Current position of long-term debt QUESTION 16 Generally, are the most credit-worthy money-market investments. O U.S. Treasury obligations U.S. Treasury bills Federal agency issues Commercial paper