Assertion (A) : Profit volume ratio is considered to be the best indicator of the profitability on the business. Reason (R) : If profit volume ratio improved, it will result in better profits. Codes:
CS Executive · Cost and Management Accounting · PYQS · June 2017
Assertion (A) : Profit volume ratio is considered to be the best indicator of the profitability on the business. Reason (R) : If profit volume ratio improved, it will result in better profits. Codes:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Marginal Costing
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