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.This Question Belongs to User Ask Question >> Miscellaneous
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Notional cost is period or product cost