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Cost classification is the process of categorizing costs based on:a.Time periodsb.Payment methodsc.Cost behaviord.All of the above

Question

Cost classification is the process of categorizing costs based on:a.Time periodsb.Payment methodsc.Cost behaviord.All of the above
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Solution 1

Cost classification is the process of categorizing costs based on different factors. Let's break down the options provided:

a. Time periods: This refers to categorizing costs based on the time period in which they are incurred. For example, costs can be classified as short-term or long-term, depend Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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