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FUNDAMENTAL CONCEPTS OF COST — Commercial Studies STD 10 — Question

ICSE BoardEnglish MediumSTD 10Commercial StudiesFUNDAMENTAL CONCEPTS OF COST1 Mark
MCQ
Which of the following cost is time based?
  • ✓
    Fixed cost
  • B
    Variable cost
  • C
    Implicit cost
  • D
    None of these
✓

Answer

Correct option: A.
Fixed cost
A

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