MCQOPTIONS
Saved Bookmarks
| 1. |
Cost Unit is defined as - |
| A. | Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed |
| B. | A location, person or an item of equipment or a group of these for which costs are ascertained and used for cost control. |
| C. | Centres having the responsibility of generating and maximising profits |
| D. | Centres concerned with earning an adequate return on investment |
| Answer» B. A location, person or an item of equipment or a group of these for which costs are ascertained and used for cost control. | |