What is Cost Accounting
Answers were Sorted based on User's Feedback
Answer / indraneel kundu
This can be described as the process of accumulating,
measuring, analyzing, interpreting and reporting cost
information that is both useful and relevant to the
internal and external stakeholders of a business entity.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / rajesh
The accounting focused on determining the cost per unit of
a manufacturer in order to value inventory and cost of
goods sold. It is also used to determine unit costs of
items processed in service businesses, such as a bank's
cost to process a check or deposit.
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / anchit saxena
the main purpose of cost accounting is ascertainment of
cost for the different purpose such like as jobs,
contracts, services etc.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / shital gandhi
it is process of accounting which beings with recording of
income & expenditure, & ends with preparation of reports. it
| Is This Answer Correct ? | 0 Yes | 3 No |
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