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Discuss the role of cost accounting in managerial decision
making

Answer Posted / sonali

There are various types of cost accounting eg: Contract
costing, marginal costing, etc

How costing helps in manegerial decision making?
It helps the business to know its BEP (Break even point)
i.e. helps the business knowing the minimum output required
to cary on the businees / to earn the profits.

Is This Answer Correct ?    43 Yes 8 No



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