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Commerce · Q112

Costing

Graduate and Post Graduate · Commerce · question 112

Q112

Overhead is also known as ________.

A.
ongoing cost
Answer
B.
basic cost
C.
extra cost
D.
chargeable expenses

Answer: Option A

Solution

Answer: Option A
Solution:
Overhead is also known as ongoing cost. Overhead is those costs required to run a business, but which cannot be directly attributed to any specific business activity, product, or service.