Multiple choice

Directions: Choose the correct option for the given question.

_______ costing is a standardsation of the costing principles and practices in the same industry.

  1. Standard

  2. Uniform

  3. Process

  4. Maginal service

  5. Service
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Uniform costing involves the application of the same costing principles and methods by different firms within the same industry to allow for comparability.

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