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a) Write short note -
1) P V Ratio
2) Margin of Safety
3) Material Variances
4) Absorption Costing
b) Describe the meaning of the term 'variance analysis'. What is its significance in controlling and monitoring costs?
It is in the form of third-party guarantees which protect against losses up to a particular fixed level. This is available in the form of a corp
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pv ratio explaination, margin of safety
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