what is cost accounting ?
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cost accounting is the implementation of accounting
tecniques, ideas and methods for the utilisation of capital
or fund in a efficient way while rendering any services or
production in the organisation. In brief cost accounting is
the utilisation of the firms capital in a efficient way so
that the expenses remains less than the revenue, which
ultimately leads the firm in net profit.
Its a tool which is used to control the cost of production
or anything related to money.
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / ramgopal somasundaram
Cost accounting is the process of tracking, recording and
analysing costs associated with the products or activities
of an organization.
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / sonu mittal
Cost accounting is a analyses of cost. cost account base of finance account. used to control the cost of production
or anything related to money.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naheem
cost accounting is the accounting,to find out the cost of
goods produced and service rendered by a business concern,
(NAHEEM)
| Is This Answer Correct ? | 1 Yes | 3 No |
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