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Management Accounting Test Questions
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>> Margin of safety can be increased by
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Q. Margin of safety can be increased by
a.
Decrease in setting price
b.
Decline in volume of production
c.
Reduction in fixed or the variable costs or both
d.
None of the above
ANSWER: Reduction in fixed or the variable costs or both
Answer & Explanation
No explanation is available for this question!
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