Cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate
A. throughput costs
B. investments
C. operating costs
D. marginal costs
Answer: Option C
Solution(By Examveda Team)
Cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate operating costs. Operating costs are expenses associated with the maintenance and administration of a business on a day-to-day basis.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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