Accounting · Standard Costing
In the standard costing approach, what is the term for target costs that are calculated and decided before production begins?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Fixed production costs
- 2Pre-determined costs✓
- 3Pre-estimated costs
- 4Actual costs
Correct answer
Pre-determined costs
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Standard Costing MCQs →Want more practice questions on Standard Costing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Standard Costing