The process of cost apportionment is carried out so that<...
The process of cost apportionment is carried out so that
Indirect costs may be controlled
Cost units could gather overhead as they pass through cost centres
Variable costs may be controlled
Common costs are shared among cost centres
Correct answer is D
Cost apportionment is the sharing of commonly incurred expenses proportionately where two or more cost centres are involved
An effective accounting system should provide information ...
Final accounts of a not-for-profit making organization is made up of ...
An asset was purchase for N343m in 2003. The estimated life of the asset was 3 years with a r...
The capital of not-for-profit-making organization is referred to as? ...
An item in the balance sheet of a limited liability company is ...
When the invoice of a customer is overcast, the supplier will send to him a ...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...