Q126
The allotment of whole item of cost to cost centre or cost units is called _________.
A.
cost allocation
AnswerB.
cost apportionment
C.
cost absorption
D.
cost disbursement
Answer: Option A
Solution
Answer: Option A
Solution:
The allotment of whole item of cost to cost centre or cost units is called cost allocation. The term allocation means the allotment of the whole item without division to a particular department or cost centre.