Select the option that is correct regarding the following two statements, labelled as Assertion (A) and Reason (R).
Assertion (A): Overhead cost of project comes under Indirect cost.
Reason (R): Allocating indirect costs to specific projects is considerably less difficult than direct costs.
1
A is true, but R is false.
2
Both A and R are true, but R is not the correct explanation.
3
A is false, but R is true
4
Both A and R are true and R is the correct explanation.
5
Question Not Attempted