The process of allocating and apportioning the costs on suitable basis to all the departments is _______.
A. departmentalization
B. primary distribution
C. secondary distribution
D. classification
Answer: Option B
Solution (By Examveda Team)
The process of allocating and apportioning the costs on suitable basis to all the departments is primary distribution.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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