Type of costs that cannot be traced for individual products but help in supporting an organization are classified as
A. individual sustaining costs
B. facility sustaining costs
C. sustained tracing
D. support tracing
Answer: Option B
Solution(By Examveda Team)
Type of costs that cannot be traced for individual products but help in supporting an organization are classified as facility sustaining costs.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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