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MCQs on Cost Accounting : 10 Quick Questions (Part 3)

Cost accounting is the identifying, recording as well as appropriate allocation of expenditure for the decision of the costs of services or products, as well as for the discussion of accordingly organized information for functions of control and support of management. It consists of the ascertainment of the cost of every order, job, contract, process, solution or system as may be appropriate. It handles the cost of production, selling and distribution. Click here for Quiz on Accounting Standards

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