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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
Short Answer on _________Cost Accounting
 Question Submitted By :: Satyaki_raju@yahoo.co.in
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Short Answer on _________Cost Accounting
Answer
# 1
cost accounting relates to collection, classification and 
ascertainment of cost with cost center and cost unit
 
Is This Answer Correct ?    1 Yes 0 No
Sindujaramkumar
 
  Re: Short Answer on _________Cost Accounting
Answer
# 2
It is the part of accounting which is concerned with the 
accumulation and assignment of historical cost to units of 
products and their departments.The main aim is to ascertain 
the cost of unit produced and sold, the services rendered 
by the business unit with a view to control over the costs 
to assess the profitability and efficiency of the business 
unit
 
Is This Answer Correct ?    1 Yes 1 No
Satyaki_raju@yahoo.co.in
[Taxtime]
 
 
 

 
 
 
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