Match the following : Statements Objects (P) Collection of cost information and recording them under suitable heads 1. Budgeting (Q) Monitoring idle time, worker's efficiency and labour turnover 2. Cost reduction (R) Est
CS Executive · Cost and Management Accounting · PYQS · December 2016
Match the following : Statements Objects (P) Collection of cost information and recording them under suitable heads 1. Budgeting (Q) Monitoring idle time, worker's efficiency and labour turnover 2. Cost reduction (R) Estimation (both quantities and value) before the start of activity 3. Ascertainment of cost (S) Procedures and techniques used to bring down the estimated cost 4. Cost control Select the correct answer from the options given below —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Accounting
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