Classifying costs

Beschreibung

ATI Year 2 \chapter 2 Classifying costs
Agnes Devlin
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Zusammenfassung der Ressource

Frage Antworten
Cost - the expenditure incurred on or attributable to a specific thing or activity Cost Unit -is an identifiable product or service for which firm wants to measure the cost Cost measurement systems collect cost data and assign this costs to cost objectives Cost centre - function or location or activity or an item of equipment for which cost is measured. Directly related to cost objective Accounting department = prep of accounts for clients
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