Multiple Choice Questions on The process of grouping of costs according to some common characteristics ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The process of grouping of costs according to some common characteristics ........

Costing - Phase (I & II) Methods of Costing
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    The process of grouping of costs according to some common characteristics ________.

    absorption

    Incorrect Answer

    primary distribution

    Incorrect Answer

    secondary distribution

    Incorrect Answer

    classification

    Correct Answer
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    Explanation:

    The process of grouping of costs according to some common characteristics classification. Cost may be classified according to their nature, i.e., material, labour and expenses and a number of other characteristics.

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