WHY COST ACCOUNTING IS NECESSARY – BEST DETAILED EXPLANATION
WHY COST ACCOUNTING IS NECESSARY ??? COST ACCOUNTING Cost Accounting is an art or process of recording, analysing and classifying of expenditure for the purpose of product costing or service costing, ascertainment of profitability, operational planning and cost control. It is a forward-looking approach which is related to the recording, analysing and classifying of expenditure…
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