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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?
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It is the number that tells how many common stocks (or preference stocks) will the bondholder receive at the time of conversion. It is usually constant over
pv ratio explaination, margin of safety
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