Multiple Choice Questions on The allotment of whole item of cost to cost centre or cost units is called ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The allotment of whole item of cost to cost centre or cost units is called ........

Costing - Phase (I & II) Lean System and Innovation
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    The allotment of whole item of cost to cost centre or cost units is called _________.

    cost allocation

    Correct Answer

    cost apportionment

    Incorrect Answer

    cost absorption

    Incorrect Answer

    cost disbursement

    Incorrect Answer
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    Explanation:

    The allotment of whole item of cost to cost centre or cost units is called cost allocation. The term allocation means the allotment of the whole item without division to a particular department or cost centre.

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