nr600

Chapter 01 Managerial Accounting and Cost Concepts True / False Questions 1. Selling costs can be either direct or indirect costs. True False 2. A direct cost is a cost that cannot be easily traced to the particular cost object under consideration. True False Introduction To Managerial Accounting 7th Edition Test Bank by Peter Brewer, Ray Garrison, Eric Noreen 1-2 3. Property taxes and insurance premiums paid on a factory building are examples of period costs. True False 4. Conversi...