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Which of the following statement are correct?

Which of the following statement are correct?

i) Direct activity allocation deals with the measurement, posting and allocation of an organizational activity.

ii) We need to create an activity type to directly allocate activity.

iii) More than one cost center can be the sender of an internal activity allocation & the receiver can be any real management accounting object.

iv) During direct activity the sender cost center are debited and the receiving cost object are credited.

Please choose the correct answer.

Response:

A.

Only i

B.

Both i& ii

C.

Both i& iii

D.

Both ii & iii

E.

Both iii & iv

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