Economics · Cost Accounting
Match the concepts in Column-I with their descriptions in Column-II: Column-I: a) Absorption costing b) Management accounting c) Break-even point d) Learning curve Column-II: i. Concerned with accounting information useful to management ii. Level at which total revenue equals total cost iii. Frequently used in establishing contract bid prices iv. Both fixed and variable costs are considered for inventory valuation
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1a - iv, b - i, c - ii, d - iii✓
- 2a - iii, b - i, c - iv, d - ii
- 3a - iv, b - ii, c - i, d - iii
- 4a - ii, b - iii, c - i, d - iv
Correct answer
a - iv, b - i, c - ii, d - iii
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!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Accounting MCQs →Want more practice questions on Cost Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Cost Accounting