Examveda
Examveda

Allotment of overhead incurred for a particular cost centre to that specific cost centre is ________.

A. allocation

B. allotment

C. primary distribution

D. secondary distribution

Answer: Option A

Solution(By Examveda Team)

Allotment of overhead incurred for a particular cost centre to that specific cost centre is allocation. Allocation and apportionment are accounting methods for attributing cost to certain cost objects for budgeting, planning, and financial reporting.

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