Multiple choice

Directions: Choose the correct option for the given question.

Smaller sub-division of cost, attributable to products and services, is called a

  1. cost centre

  2. cost unit

  3. profit centre

  4. profit unit

  5. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A cost unit is a unit of product, service, or time in relation to which costs may be ascertained or expressed. It is the smallest sub-division of cost used for measurement.

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