………….cost represents the amount of any given volume of output by which aggregate costs are changed if the volume of output is increased by one unit.
A) variable cost
B) marginal cost
C) fixed cost
D) none of these
Correct Answer:
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Q3: ………are short term , highly liquid investments
Q4: Flow of cash is said to have
Q5: Which among the following are examples of
Q6: Which among the following is not an
Q7: The essence of marginal costing is that
Q9: ………. Is the increase or decrease in
Q10: …………cost is defined as the aggregate of
Q11: Marginal costing is a …………… of costing
A)system
B)method
C)technique
D)all
Q12: Under marginal costing, ……… Costs are regarded
Q13: Under marginal costing, …………… costs are treated
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