The following section consist of Quizzes on Cost Accounting. Take the quiz and improve your overall knowledge. Cost accounting is a procedure of collecting, recording, identifying, examining, summarizing, alloting as well as reviewing various alternative courses of action & control of costs. Its goal is to encourage the management on one of the most proper strategy based on the expense efficiency and also capacity. Cost accounting supplies the thorough price details that administration has to regulate current procedures and also plan for the future.
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