Economics · Cost Accounting
Which of the following describes the process of cost apportionment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The collection of costs attributable to cost centres using prescribed costing methods.
- 2The process of charging overheads to products or services using a predetermined rate.
- 3The division of costs among two or more cost centres in proportion to the estimated benefit received.✓
- 4The charging of discrete, identifiable items of cost to a specific cost centre or cost unit.
Correct answer
The division of costs among two or more cost centres in proportion to the estimated benefit received.
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 Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Accounting MCQs →Want more practice questions on Cost Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Cost Accounting