Accounting · Marginal Costing Principles
Assertion (A): Marginal costing distinguishes between fixed cost and variable cost. Reason (R): Under marginal costing, fixed costs vary directly with output.
- 1(A) is not correct but (R) is correct
- 2(A) is correct but (R) is not correct✓
- 3Both (A) and (R) are correct but (R) is not the correct explanation of (A)
- 4Both (A) and (R) are correct and (R) is the correct explanation of (A)
Correct answer
(A) is correct but (R) is not correct
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Marginal Costing Principles?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Marginal Costing Principles