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Choose the correct word(s) from COLUMN B to match the description in COLUMN A. Write only the letters (AJ) in COLUMN B next to the
Choose the correct word(s) from COLUMN B to match the description in COLUMN A. Write only the letters (AJ) in COLUMN B next to the number (1.1 - 1.10) in the ANSWER BOOK. As an example: 1.1 D COLUMN A COLUMNB 1.1 Costs that remain constant regardless of the A Absorption costing number of units produced and sold. 1.2 An inventory that was purchased with the B Ordering costs intention to sell it again in unaltered form. 1.3 The term used where the remuneration paid Return to employees could vary from one period to the next 1.4 The total gain or loss on an investment over D Direct costs a given period. 1.5 The company's plan that will contain E Time value of money statements about its mission, vision, values, key strategies and long-term objectives. 1.6 A factory's average level of activity for F Wages meeting the company's production demands, considering expected interruptions and seasonal fluctuations. 1.7 This method treats all manufacturing costs G Fixed costs (i.e. direct materials, direct labour as well as fixed and variable factory overheads) as product costs. 1.8 The costs relating to the preparation and Merchandise processing of purchasing documentation, as well as receiving and inspecting purchased items. 1.9 The manufacturing costs that we can easily I Normal capacity trace to the products manufactured. 1.10 The principle that an amount of money is J Strategic plan worth more today than the same amount of money will be worth in the future
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