Which is an example of a discretionary cost

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Problem 1: Which of the following is not a typical role of a Management Accountant?

A. Budgeting

B. Cost Control

C. Planning

D. Auditing

Problem 2: Which of the following is an example of a discretionary cost?

A. Minimum wage

B. Terminal benefit

C. Medical allowance

D. Training

Problem 3: A method of dealing with overheads involves spreading common costs over cost centre on the basis of benefit received. This is known as

A Overhead absorption

B Overhead apportionment

C Overhead allocation

D Overhead analysis

Reference no: EM132659962

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