The technical term for costs moving between one department and the next in a multidepartment process is
A) transferred costs.
B) transferred out costs.
C) transferred in costs.
D) prior costs.

Question

Quizplus · Accepted Answer

The technical term for costs moving between one department and the next in a multidepartment process is transferred in costs. Transferred in costs are the costs of goods or services that one department receives from another within the same organization.

The Technical Term for Costs Moving Between One Department and the Next