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| Q.4 | Which of the following statements is/are true or false? (i) Under marginal costing, cost of production, work-in-progress and finished stock are valued at product cost. | |
| Ans | A. Both (i) and (ii) are false | |
| B. (i) is true and (ii) is false | ||
| C. (i) is false and (ii) is true | ||
| D. Both (i) and (ii) are true |
Correct Ans Provided: B
