Cost Categories – NBC Institute

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

Question

The cost of Plant and Equipment procured three years ago is a good example of a:
A. Controllable cost
B. Notional cost
C. Budgeted cost
D. Sunk cost
E. Relevant cost

Answer

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Tags: Cost Categories, Decision Making, Sunk Cost
Level: Level 1

Topic: Costing Techniques
Series: MAY 2017

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MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

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Question Tag: Cost Categories

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Identify the cost type for Plant and Equipment procured three years ago.

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MI – May 2017 – L1 – SA – Q1 – Costing Techniques

Identify the cost type for Plant and Equipment procured three years ago.

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