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Describe the method of costing to be applied in case of Nursing Home:

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Describe the method of costing to be applied in case of Nursing Home:
  • AOperating Costing
  • BProcess Costing
  • CContract Costing
  • DJob Costing
Correct answer: A

Discussion 1

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CCommunity
Operating Costing

Operating Costing to be applied in case of Nursing Home. Operating costing is an extension and refined form of process costing. It is also more or less very similar to single or output costing.