When actual expenses are more than recovered in cost accounts, it is known as:

CS Executive · Cost and Management Accounting · PYQS · June 2019
When actual expenses are more than recovered in cost accounts, it is known as:
(A) Over absorption
(B) Over valued
(C) Under absorption
(D) Over applied

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Overheads

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