The costing method that is properly classified for both external and internal reporting purposes is ?

External Reporting / Internal Reporting

A. Job-order costing - No / Yes

B. Variable costing - No / Yes

C. Process costing - No / No

D. Activity-based costing - No / Yes

Accounting Cost Accounting CMA

Question added by Deleted user
Date Posted: 2015/08/28

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re sources of the requirement of the customer

by mohamed badawy , Account Manager , Gulf Elevators &Escalators Co .LTD

b variable costing used by internal reporting

In an Activity Based Costing System, which one of the following is the most appropriate cost driver for allocation of depreciation on plant and
Top Answer: <p>a. machine hours</p> See More

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What is the job order costing or job costing?
Top Answer: Is a system for assigning manufacturing costs to an individual product or batches of products. Generally, ... See More

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What is an activity based costing system?
Top Answer: Activity-based costing (ABC) is an accounting method that identifies the activities that a firm performs ... See More

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How costs can be classified?
Top Answer: Costs can be classified as follows; 1. By nature (whether it is a direct or indirect cost). 2. By element ... See More

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