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Examveda

Classification and accumulation of costs by fixed and variable costs is of special importance in ________.

A. process costing

B. unit costing

C. operation costing

D. operating costing

Answer: Option D

Solution(By Examveda Team)

Classification and accumulation of costs by fixed and variable costs is of special importance in operating costing. Operating costing applies where standardized services are provided by an undertaking.

This Question Belongs to Commerce >> Costing

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Comments ( 1 )

  1. Non Metallica14
    Non Metallica14 :
    5 years ago

    Pls explain

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