accounting for costsForums › FIA Forums › MA2 Managing Costs and Finance Forums › accounting for costsThis topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 3, 2020 at 2:33 pm #556781 izazwaliMemberTopics: 9Replies: 3☆what term is used for arbitrary sharing of overheads among cost centres? a;overhead allocation b;overhead apportionment c;overhead absorbtionI think the option A is correct sir please confirm January 4, 2020 at 8:45 pm #556840 Ken GarrettKeymasterTopics: 10Replies: 10534☆☆☆☆☆Allocation means that the whole cost is mapped to one cost centre.Apportionment is when costs are split over several cost centres.Absorption is about including costs in the units produced.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In