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Costing methods:

If a firm is more concerned with reliablity of data than with the speed at which data is available, which of the following costing methods would be the best fit? a. Variable (direct) costing b. Standard costing c. Normal costing d. Actual costing

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Question added by Anayatullah Tahir , Finance Manager , Etqan Projects
Date Posted: 2014/03/24
Mukkaram Siddique
by Mukkaram Siddique , Finance, Management & Stocks , Amazon Foods Saudi Arabia

Option A

Reliability wise marginal costing provides an in depth view of controllable and non controllable costs

Mark John Domingo
by Mark John Domingo , General Accountant , Palma Holding

D

Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

d) Actual Costing

Yusuf Dalal
by Yusuf Dalal , General Accountant. , Gmamco Contracting LLC

Actual costing..

 

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