According to Chartered Institute of Management Accountants (CIMA), cost attribution to cost units on the basis of benefits received from indirect activities e.g. ordering, setting-up, assuring quality is known as —
CS Executive · Cost and Management Accounting · PYQS · June 2015
According to Chartered Institute of Management Accountants (CIMA), cost attribution to cost units on the basis of benefits received from indirect activities e.g. ordering, setting-up, assuring quality is known as —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Costing Methods
Related Questions in this Topic
- ............refers to the method of costing followed by a business wherein a large variety of articles are produced, eac...
- Operating costing is most suitable for:
- Which of the following costing methods is most suitable for the industries, where the production is not on continuous ba...
- Single or output costing method is most suitable for:
- Which of the following is not a method of costing?