Cost accounting quiz with answers pdf

  • What is cost control PDF?

    THE CONCEPT OF COST CONTROL Cost control, also known as cost management is a broad set of cost accounting methods and management techniques with the common goal of improving business cost-efficiency by reducing costs, or at least restricting their rate of growth..

  • What is the basic objective of cost accounting _____________________?

    The primary goal of cost accounting is to ascertain the cost of production for every process, department or service of a business.
    Costing refers to the technique of ascertaining cost..


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