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Commerce · Q769

Costing

Graduate and Post Graduate · Commerce · question 769

Q769

Match the following. List-I List-II a. Cost control purposes 1. . . . . . . . . is a predetermined cost b. Standard cost 2. Responsibility accounting fixes responsibility for . . . . . . . . c. Integrates 3. Cost accounting guides future . . . . . . . . d. Production policies 4. Budgeting system . . . . . . . . key managerial functions

Match the following.
List-I List-II
a. Cost control purposes 1. . . . . . . . . is a predetermined cost
b. Standard cost 2. Responsibility accounting fixes responsibility for . . . . . . . .
c. Integrates 3. Cost accounting guides future . . . . . . . .
d. Production policies 4. Budgeting system . . . . . . . . key managerial functions
A.
a-4, b-3, c-2, d-1
B.
a-2, b-1, c-4, d-3
Answer
C.
a-2, b-3, c-4, d-1
D.
a-3, b-2, c-4, d-1

Answer: Option B

Solution

Answer: Option B
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