Management Accounting Test Questions

Q.  As per J.M. Clark, when a decision has to be made involving _________, the difference in cost between two policies may be considered to be the cost really incurred on account of these n-units of business.

a. An increase of n-units of output
b. A decrease of n-units of output
c. An increase or decrease of n-units of output
d. None of the above

ANSWER: See Answer
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