The horizontally across dimension of cost analysis is also called __________?
Correct answer: B. project dimension
- A. accounting-period dimension
- B. project dimension
- C. back-flush accounting dimension
- D. lean accounting dimension
Explanation
The horizontal dimension compares or traces costs across projects, so it is called the project dimension. The accounting-period dimension is the vertical, time-based view.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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