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

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 26E: The ability to assign a cost directly to a cost object by means of a causal relationship is a....

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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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