Column I (1) Flexible budget (ii) Differential cost analysis |(iii) Debenture interest (iv) JIT system (v) Uniform costing Column II (A) Item of reconciliation (B) Inventory management (C) Decision making (D) Considers cost by behaviour (E) Technique to assist inter-firm comparison

Column I (1) Flexible budget (ii) Differential cost analysis |(iii) Debenture interest (iv) JIT system (v) Uniform costing Column II (A) Item of reconciliation (B) Inventory management (C) Decision making (D) Considers cost by behaviour (E) Technique to assist inter-firm comparison

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 7DQ: Discuss how financial data prepared on the basis of variable costing can assist management in the...

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Question

Match the statement in column 1 with correct statement in column 2.

Column I
(i) Flexible budget
(ii) Differential cost analysis
(iii) Debenture interest
(iv) JIT system
|(v) Uniform costing
Column II
(A) Item of reconciliation
(B) Inventory management
(C) Decision making
(D) Considers cost by behaviour
(E) Technique to assist inter-firm comparison

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