Question

In accounting cost which is predicted to be or future cost is known as

Answer 1

In accounting, the cost which is predicted to be incurred or future cost is classified as ... The manager who is responsible for both the cost and revenues

Answer 2

Answer:

The separation of expenses into different categories. For example, cost classification in economics might involve categories of fixed, variable, opportunity, production and sunk costs. On the other hand, accounting costs can be classified as either direct or indirect for a business.