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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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how can management use financial ratios
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1. identify an analytic theme or goal for a fictitious business or something that you are working on (e.g. Maximize revenue in a car dealership) 2. Build an Enterprise Bus Matri
pv ratio explaination, margin of safety
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