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Management · Q435

Management Accounting

Graduate and Post Graduate · Management · question 435

Q435

Which of the following statement(s) is/are correct?

A.
Difference between sales and total cost is profit is called absorption costing
Answer
B.
Fixed costs recovered from contribution is called standard costing
C.
Both A and B
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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