Profit under traditional costing and marginal costing system will be the same if. (a). There are no opening and closing

Question:

Profit under traditional costing and marginal costing system will be the same if.

(a). There are no opening and closing stocks. 

(b). There is opening stock and no closing stock. 

(c). There is closing stock and no opening stock.

(d). There are opening and closing stocks.

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Related Book For  answer-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

Question Details
Chapter # 16- MARGINAL (VARIABLE) COSTING..
Section: Self Evaluation Questions
Problem: 11
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Question Posted: September 07, 2023 12:49:51