Which one of the following is not a recognised cost classification?
A)time
B)function
C)performance
D)type

Name: Which one of the following is not a recognised cost classification? A)time B)function C)performance D)type
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Performance is not a recognized cost classification in accounting or financial management. Costs are typically classified by time (period costs vs. product costs), function (manufacturing, selling, administrative), and type (direct vs. indirect costs), but not by performance.

Which One of the Following Is Not a Recognised Cost