General Studies · Accounting and Financial Management
Match List I with List II: LIST I (Cost-Volume-Profit Identities) LIST II (Underlying measurement) A. Operating Profit I. Actual sales volume - Breakeven sales volume B. Profit-Volume Ratio II. Sales Revenue - Total variable costs C. Margin of safety III. (Sales × P/V ratio) - Fixed Cost D. Contribution margin IV. (Unit sale price - Variable costs per unit) / Unit sale price Choose the correct answer from the options given below:
- 1A - IV, B - III, C - II, D - I
- 2A - III, B - I, C - II, D - IV
- 3A - III, B - IV, C - I, D - II✓
- 4A - II, B - I, C - IV, D - III
Correct answer
A - III, B - IV, C - I, D - II
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