1.

Assertion(A): Cost sheet is a statement that presents the total and per unit cost of production with regard to any cost unit or cost centre for a specific period of time.Reason(R): Cost sheet is also a managerial tool for cost manager to judge the efficiency of production. a) Both A and R are correct and R is the correct explanation of A.b) A is correct but R is incorrect c) A is incorrect but R is correct d) Both A and R are incorrect

Answer»

Correct option: a) Both A and R are correct and R is the correct explanation of A.



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