In accounting, cost which is predicted to be incurred or future cost is known as?

Question

In accounting, cost which is predicted to be incurred or future cost is known as?

past cost
incurred cost
actual cost
budgeted cost

LohaHridoy

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2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 4

In accounting, cost which is predicted to be incurred or future cost is known as budgeted cost. A budgeted cost is a forecasted future expense that the company is expected to incur in the future.

5 views Answered 2022-09-01 13:21