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cost audit system

Answers were Sorted based on User's Feedback



cost audit system..

Answer / sangeetha

COST AUDIT IS THE AUDIT OF COST RECORDQS. IT IS AN AUDIT
PROCESS FOR VERIFICATION OF THE COST OF MANUFACTURE OR
PRODUCTIONON ON THE BASIS OF ACCS REGARDING UTILISATION OF
MATERIAL,LABOUR ETC.

Is This Answer Correct ?    31 Yes 6 No

cost audit system..

Answer / praveen

It is a total verification on the cost incurred for a
product from manufacturing to sales........ Incurring all
expenses to get selling price........
In that selling price we refer all cost is called cost audit...

Is This Answer Correct ?    3 Yes 2 No

cost audit system..

Answer / roopesh j

COST AUDIT REFERS TO A SYSTEMATIC AND THOROUGH EXAMINATION
OF COST ACCOUNTING RECORDS AND ADHERENCE OF COST ACCOUNTING
PLAN.

Is This Answer Correct ?    13 Yes 15 No

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