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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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mention the advantages and disadvantages of the traditional approach
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Q. Credit Standards for Formulation of Optimum Credit Policy? Credit Standards: - Credit standards are the essential criteria set for extension of credit to customers. Decision
Critically examine the pay-back period as a technique of approval of projects.
pv ratio explaination, margin of safety
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