Multiple choice

Directions: Choose the correct option for the given question.

The success of ______ costing depends on mutual trust and co-operation among the units.

  1. standard

  2. uniform

  3. process

  4. service

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

Because uniform costing requires firms to share sensitive cost data to establish industry benchmarks, it relies heavily on trust and cooperation between the participating units.

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