Cost accounting grade 11 questions and answers pdf

  • What is accounting in Grade 11?

    Accounting focuses on measuring financial performance and communicating financial information.
    Key principals are ethical behaviour, transparency and accountability.
    Learners will be able to record, analyse, present and interpret financial data to make informed financial decisions..

  • Cost accounting is vital in an organization's budgeting and forecasting process.
    It provides the necessary information to estimate future costs, revenues, and profitability, enabling better strategic planning and decision-making.

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