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\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
B) A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3
C) A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1
D) A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2
Correct Answer: A
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