Vidyalelo
Commerce · Q373

Costing

Graduate and Post Graduate · Commerce · question 373

Q373

A helpful technique, for accurate forecasts about costs to be incurred in future is a part of

A.
unit estimation
B.
production estimation
C.
cost estimation
Answer
D.
price estimation

Answer: Option C

Solution

Answer: Option C
Solution:
A helpful technique, for accurate forecasts about costs to be incurred in future is a part of cost estimation. Cost estimation is the art of assigning value.