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Choose the correct statements from the following: (1) Marginal costing and absorption costing are the same (2) For decision making, absorption costing is more suitable than marginal costing (3) Cost-volume-profit relationship also denotes break-even point (4) Marginal costing is based on the distinction between fixed and variable costs.Correct option is

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Choose the correct statements from the following:<br /> (1) Marginal costing and absorption costing are the same<br /> (2) For decision making, absorption costing is more suitable than marginal costing<br /> (3) Cost-volume-profit relationship also denotes break-even point<br /> (4) Marginal costing is based on the distinction between fixed and variable costs.<br />Correct option is






 
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