Question

Choose the Correct Answer: Allotment of proportions of items of cost to cost centres or cost units is known as (a) allocation (b) absorption (c) measurement (d) apportionment

   Choose the Correct Answer:
Allotment of proportions of items of cost to cost centres or cost units is known as
(a) allocation
(b) absorption
(c) measurement
(d) apportionment

Cost Accounting

Cost Accounting

K. Alex 1st Edition

Chapter 8, Problem 6

Instant Answer

Step 1

The question involves terms like "allotment," "proportions," "items of cost," "cost centres," and "cost units." These terms are commonly used in cost accounting. Show more…

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Choose the Correct Answer: Allotment of proportions of items of cost to cost centres or cost units is known as (a) allocation (b) absorption (c) measurement (d) apportionment

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