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Commerce · Q1752

Accounting

Graduate and Post Graduate · Commerce · question 1752

Q1752

Allocation means:

A.
Allotment of the whole item without division to a particular department
Answer
B.
Allotment is the distribution of proportionate items of cost
C.
It is a suitable basis for sub-division of the cost by cost centres
D.
Allocation and appropriation are both more or less same
E.
Products, departments or machineries are the basis on which allocation is usually made

Answer: Option A

Solution

Answer: Option A
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