The ascertainment of costs after they have been incurred is called —

CS Executive · Cost and Management Accounting · PYQS · December 2016
The ascertainment of costs after they have been incurred is called —
(A) Marginal costing
(B) Historical costing
(C) Differential costing
(D) None of the above.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting

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