Question

    With respect to Job Costing, which of the following

    statement is incorrect?
    A Job costing method is suitable in inflationary condition Correct Answer Incorrect Answer
    B Job costing is costly and laborious method Correct Answer Incorrect Answer
    C Under job costing, spoilage and defective can be identified and responsibilities can be fixed accordingly Correct Answer Incorrect Answer
    D Budgetary control and standard costing can be applied in Job costing Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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