Provision for tax is _____ activity.

Marginal costing is the most useful technique for the ______

The term contribution refers to ____

Marginal costing technique helps the management in deciding _____

The other name of marginal costing is _______

Sales Rs. 100000, variable cost Rs. 50000 and net profit ratio is 10% on sales, find out fixed cost.

Which statement best describes the current role of the managerial accountant?

True or False: The value of inventory under full costing is higher then variable costing.

True or False: If a company requires a profit of $30,000 (instead of breaking even), the $30,000 should be combined with the fixed expenses in order to compute the point at which the company will earn $30,000.

True or False: The standard cost of direct materials is the cost the manufacturer should have used to make the good output.

True or False: Activity-based costing can be used to allocate SG&A expenses in order to assist management with pricing and other marketing decisions.