Q.
1

Reason (R): Future costs are taken into consideration in budgeting and standard costing.

In the above two statements, which one alternative of the following is correct?

 

  • A

    Both (A) and (R) are correct and (R) is the Reason for (A).

     

  • B

    Both (A) and (R) are correct and (R) is not the Reason for (A)

     

  • C

    (A) is correct, but (R) is wrong.

     

  • D

    (A) is wrong, but (R) is correct.