Economics · Cost Accounting
Match the items of Column-I with Column-II and select the correct option: Column-I: a) Budgetary control system b) Standard costs c) Marginal costing d) Cost control Column-II: i. Useful for budgeting and performance evaluation ii. Helps in profit planning and break-even analysis iii. Aims at adherence to planned costs iv. Implementation of the control system may be expensive
- 1a - ii, b - iii, c - iv, d - i
- 2a - i, b - iii, c - iv, d - ii
- 3a - iii, b - iv, c - i, d - ii
- 4a - iv, b - i, c - ii, d - iii✓
Correct answer
a - iv, b - i, c - ii, d - iii
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