The functional classification of costs include the following except
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Explanation:
Costs should be classified according to the major functions for which the elements are used into the following four major functions : Production; Administration; Selling; Distribution; and Research & Development Expenditure.
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Answer:
Costs should be classified according to the major functions for which the elements are used into the following four major functions : Production; Administration; Selling; Distribution; and Research & Development Expenditure.
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