1.

Match the following List I List II A. Variable costing 1. Absorption costing B. Valuation of stock is higher 2. Fixed costs excluded from inventory valuation C. Marginal and differential costs are same 3. Marginal costing D. Marginal costing 4. No change in fixed cost Codes

A. A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2
B. A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2
C. A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2
D. A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1
Answer» C. A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2


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