Q.
1
- Marginal costing and Absorption costing are the same.
- For decision making, absorption costing is more suitable than marginal costing
- Cost-volume-profit relationships also denote break-even point.
- Marginal costing is based on the distinction between fixed and variable costs.
Which of the following combinations gives true statements with regard to above?
Codes:
-
A
1 and 2
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B
2 and 3
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C
3 and 4
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D
4 and 2