The way in which the performance of a cost center is evaluated is similar to
A)job order costing.
B)standard costing.
C)process costing.
D)marginal costing.

Question

Quizplus · Accepted Answer

The performance of a cost center is evaluated using standard costing, which involves comparing actual costs incurred against the standard costs set for that cost center. This evaluation helps in identifying any variances and taking corrective actions. Therefore, option B, which is standard costing, is the best choice for this question.

The Way in Which the Performance of a Cost Center