Match the following: List-I List-II P. Cost control purposes 1. is a predetermined cost Q. Standard cost 2. Responsibility accounting fixes responsibility for R. Integrates 3. Cost accounting guides future S. Production
CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Cost control purposes 1. is a predetermined cost Q. Standard cost 2. Responsibility accounting fixes responsibility for R. Integrates 3. Cost accounting guides future S. Production policies 4. Budgeting system key managerial functions Select the correct answer from the options given below — P Q R S
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Accounting
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