Costs are classified into fixed costs, variable costs and semi-variable costs, it is known as

Related MCQs

• The costs are differentiated between fixed and variable costs under
• Variable costs are fixed
• Costs are classified between direct and indirect costs according to method of classification by
• On the basis of “Relationship with accounting period” costs are classified as
• The branch of the accounting dealing with the classification, recording, allocation, summarizing and reporting of current and prospective costs, is known as
• In behavioural analysis, costs are divided into
• A technique and process of ascertaining costs is known as
• Statement showing break up of costs is known as
• When the volume of output is increased then the per unit fixed cost will be
• All indirect costs are termed as