Cost pool category, which have similar cause and effect relationship, with each cost driver uses as an allocation base is classified as

A heterogeneous price pool
B homogenous cost pool
C heterogeneous cost pool
D homogenous price pool

Correct Answer: homogenous cost pool

Cost pool category, which have similar cause and effect relationship, with each cost driver uses as an allocation base is classified as homogenous cost pool. A cost pool is a grouping of individual costs, typically by department or service center.
Bissoy MCQ
#Commerce #Costing

Related Questions

A circular swimming pool is to be filled with water. If the radius of the pool is 2m and the height of the pool is 7m, what volume of water will be required to fill the pool ?
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