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Cost Accounting MCQs – Certification Test 451

Budget Indirect Costs and End of Financial Year MCQ (Question 451) – App & e-Book Download

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MCQ 451: The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount is known as:

  1. over allocated budget
  2. under allocated budget
  3. under allocated indirect cost
  4. over allocated direct cost
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