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The allotment of whole item of cost to cost centre or...

This question belongs to Commerce Costing
Costing
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The allotment of whole item of cost to cost centre or cost units is called _________.

Answer & Solution
Correct Answer: Option A
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.
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