Business GCSE
Cost classification
What Cost classification means in Business GCSE, as defined for AQA.
Definition of Cost classification
Check what you remember
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Reference: AQA
Deciding whether each cost is variable or fixed by how it responds to changes in output.
Topics that use Cost classification
- Business planning (AQA GCSE)
Related terms
- Accuracy and limitations of forecasting
- Break-even
- Business plan
- Cash Flow
- Cash Flow Forecast
- Cost of sales
- Costs
- Fixed Costs
Using Cost classification in the exam
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