Allotment of whole item of cost to a cost centre or cost unit is known as:

Allotment of whole item of cost to a cost centre or cost unit is known as: Correct Answer Cost Allocation

Allotment of whole item of cost to a cost centre or cost unit is known as Cost Allocation. Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity or item for which you want to separately measure costs.

Related Questions

The allotment of whole item of cost to cost centre or cost units is called _________.