COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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finishing
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refining
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receiving
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assembly
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mixing
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Detailed explanation-1: -Solution(By Examveda Team) Receiving department is a service department. A service department is a cost center that provides services to the rest of a company. The manager of a service department is responsible for keeping costs down, or meeting the costs stated in a budget.
Detailed explanation-2: -Common examples of service departments include: Factory maintenance department. Production quality control. Factory information technology department.
Detailed explanation-3: -Departments in a company include Human Resources, IT, Accounting and Finance, Marketing, Research and Development (R&D), and Production. Some product-based or project-based companies may divide up business units by addressing a single product or project as a department.
Detailed explanation-4: -Answer and Explanation: Manufacturing Department is not a service department.