The division of activities into unit level, batch level, product sustaining level and facility level categories is commonly known as a :

CS Executive · Cost and Management Accounting · PYQS · December 2019
The division of activities into unit level, batch level, product sustaining level and facility level categories is commonly known as a :
(A) Cost object
(B) Cost application
(C) Cost hierarchy
(D) Cost estimation

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Activity Based Costing (ABC)

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