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Reconciliation

This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.

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March 15, 2021 at 2:39 am #614438
Sourav9271
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Sir,
Are we expected to be tested or atleast be acquainted about reconciliation of operating statements using either absorption or marginal costing i.e the topic that we had in MA.?
March 15, 2021 at 8:55 am #614450
John Moffat
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Yes it is examinable, although little is asked of the basic variances in Paper PM (as I explain in my lectures). Most variance questions in PM are on the advanced variances.
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