Nivetha Anandane
Nivetha Anandane
6 years ago

Notional cost is

A. Product cost

B. Period cost

C. Sunk cost

D. Hypothetical cost

Answer: Option D

Solution(By Examveda Team)

A notional cost is a hypothetical cost taken into account in a particular situation to represent a benefit enjoyed by an entity in respect of which no actual cost is incurred.

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Comments ( 1 )

  1. Nivetha Anandane
    Nivetha Anandane :
    6 years ago

    Notional cost is period or product cost

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