Question
1. Explain the meaning of (a) differential revenue, (b) differential cost, and (c) differential income. 2. A company accepts incremental business at a special price
1. Explain the meaning of (a) differential revenue, (b) differential cost, and (c) differential income.
2. A company accepts incremental business at a special price that exceeds the variable cost. What other issues must the company consider in deciding whether to accept the business?
3. A company has a commodity-grade and premium-grade product. Why might the company elect to process the commodity-grade product further to the premium-grade product?
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A Guide To Risk Based Internal Audit System In Banks
Authors: CA Shiva Chaudhari
1st Edition
1947498649, 978-1947498648
