A cost centre is —

CS Executive · Cost and Management Accounting · PYQS · December 2016
A cost centre is —
(A) A production or service location, function, activity or item of equipment whose costs may be attributed to cost units
(B) A centre for which an individual budget is drawn-up
(C) A centre where cost is classified on the basis of variability
(D) An amount of expenditure attributable to an activity.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost Accounting

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