Objective Type Question on Cost Accounting : 10 Quick Quiz ( Part 10 )

Cost accounting is a process of collecting, recording, categorizing, assessing, summarizing, allocating as well as evaluating different alternate strategies & control of expenses. Its objective is to recommend the management on one of the most proper course of action based upon the expense performance and ability. Cost accounting offers the thorough expense info that monitoring has to regulate current procedures and also prepare for the future. Click here for Quiz on Accounting Standards

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