Q1222
Match the following. List-I List-II a. Absorption costing 1. . . . . . . . . is a logical extension of marginal costing. b. Fixed expenses 2. . . . . . . . . is a valuable adjust to standard costing and budgetary costing. c. Marginal costing 3. Contribution = . . . . . . . . + Profit. d. Break-even analysis 4. . . . . . . . . is not very helpful in taking managerial decisions.
Match the following.
| List-I | List-II |
| a. Absorption costing | 1. . . . . . . . . is a logical extension of marginal costing. |
| b. Fixed expenses | 2. . . . . . . . . is a valuable adjust to standard costing and budgetary costing. |
| c. Marginal costing | 3. Contribution = . . . . . . . . + Profit. |
| d. Break-even analysis | 4. . . . . . . . . is not very helpful in taking managerial decisions. |
A.
a-4, b-3, c-2, d-1
AnswerB.
a-2, b-1, c-4, d-3
C.
a-3, b-2, c-4, d-1
D.
a-4, b-3, c-1, d-2
Answer: Option A
Solution
Answer: Option A
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