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    Question

    Which of the following is an example of contract

    costing?
    A Aeroplane manufacturing Correct Answer Incorrect Answer
    B Real estate Correct Answer Incorrect Answer
    C Sugar industry Correct Answer Incorrect Answer
    D Advertisement Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Contract costing is  the tracking of costs associated with a specific contract with a customer . For example, a company bids for a large construction project like in real estate.

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