Teaching Accountancy Cost Accounting Question Bank MCQ - Cost Accounting

  • question_answer
    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
    Codes

    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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