FLow cost or life cycle costing.

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August 28, 2018 at 10:13 pm #469919
saanikah
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Sir, in the online mock exams on open tuition,
the answer for the cost of dismantling machines at the end of a project Is given as lifecycle costing. But in the practice test, the answer is flow cost accounting.

So incase it comes in the exam, which is the answer that I should be choosing, flow cost accounting or lifecycle costing?
August 29, 2018 at 8:42 am #469956
John Moffat
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Strictly both answers are true, but flow cost accounting is slightly the better answer 🙂
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