Match the following.
| List-I | List-II |
| a. Cost control purposes | 1. . . . . . is a predetermined cost |
| b. Standard cost | 2. Responsibility accounting fixes responsibility for . . . . . |
| c. Integrates | 3. Cost accounting guides future . . . . . |
| d. Production policies | 4. Budgeting system . . . . . key managerial functions. |
A. a-4, b-3, c-2, d-1
B. a-2, b-1, c-4, d-3
C. a-2, b-3, c-4, d-1
D. a-3, b-2, c-4, d-1
Answer: Option B
This Question Belongs to Management >> Management Accounting
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