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Doctors Medicines MCQs Q&A

  1. cost hierarchy
  2. price hierarchy
  3. activity hierarchy
  4. purpose hierarchy
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1 Answers

Answer: Option 1

Hierarchy which is based on different types of cost allocation and drivers, is to categorize cost pool activity is classified as cost hierarchy. The cost hierarchy is a classification system used in activity-based costing that designates activities based on how easily they can be traced to a product.

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