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Question 5. Write short notes on the following: (a) Make or Buy decisions Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 4. Differentiate between the following: (a) Standard cost and Estimated cost Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 4. Differentiate between the following: (b) Fixed overhead Efficiency variance and fixed overhead calendar variance Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 4. Differentiate between the following: (c) Marginal costing and Absorption Costing Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 4. Differentiate between the following: (d) Marginal costing and Differential Costing Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 3. Comment on the following statement: (d) Performance budgeting lays immediate stress in the achievement of specific goals over a period of time. Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 3. Comment on the following statement: (c) Fixed budget is more useful than a flexible budget Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 3. Comment on the following statement: (b) Budget should be regarded as a master but not as a servant Answer:  Click here to DOWNLOAD answer: For Other subjects click Here

Question 3. Comment on the following statement: (a) A budget is both a plan as well as a control tool. Answer:  Click here to DOWNLOAD answer: For Other subjects click Here