AAT Level 2 Principles Of Costing Practice Questions - AAT Level 2 Certificate In Accounting (Q2022) - Principles Of Costing Exam

Which of the following best describes a 'cost unit'?

A department or section of the business that incurs costs A unit of product or service for which costs are ascertained A person responsible for controlling a budget The total fixed cost of running a factory

Correct Answer:

A unit of product or service for which costs are ascertained

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