Select the incorrect statement from the following. Multiple Choice Indirect costs can be easily traced to a cost object. Actual costs are useful for evaluating managerial performance. Actual costs are not relevant in many decisions because actual costs cannot be determined until after the decision has been made. When accumulating the cost of a specific cost object, the indirect costs are allocated to the cost object.

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner