How can you define the pre- determined cost?

Question added by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited
Date Posted: 2015/05/02

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by Syed Fawad Hussain , Associate Auditor , Law Associate

pre-determined cost=budgeted cost: before the operation takes place calculate the cost of operation.

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