Consider the below statements:
Statement 1: License fees and Insurance are examples of maintenance costs under transport costing.
Statement 2: Service costing is also called operation costing.
Statement 3: Lubricating oil and grease is included in Operating Charges
Which among the given Statement is/are correct?
1
Only 1 is correct
2
Only 2 is correct
3
All 1, 2 and 3 are correct
4
Only Statement 3 is Correct