The allotment of whole item of cost to cost centre or cost units is called _________.

A. cost allocation

B. cost apportionment

C. cost absorption

D. cost disbursement

Answer: Option A

Solution(By Examveda Team)

The allotment of whole item of cost to cost centre or cost units is called cost allocation. The term allocation means the allotment of the whole item without division to a particular department or cost centre.