Cost accounting one mark questions with answers

  • What is 1 basic objective of cost accounting?

    The main objective of cost accounting is to ascertain the cost of goods and services.
    The expenses that are incurred while producing goods or rendering services are called costs..

  • The main objective of cost accounting is to ascertain the cost of goods and services.
    The expenses that are incurred while producing goods or rendering services are called costs.

British baronet, businessman and son of Margaret Thatcher

Sir Mark Thatcher, 2nd Baronet is an English businessman.
He is the son of Margaret Thatcher, Prime Minister of the United Kingdom from 1979 to 1990, and Sir Denis Thatcher; his sister is Carol Thatcher.

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