MCQOPTIONS
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| 1. |
Cost behaviour refers to |
| A. | how costs react to a change in the level of activity |
| B. | whether a cost is incurred in a manufacturing trading or service company |
| C. | classifying costs as either product or period costs |
| D. | whether a particular expense has been incurred honestly |
| Answer» B. whether a cost is incurred in a manufacturing trading or service company | |