Questions with Answers on Cost Management Strategy

What are the Fundamentals of Cost Management?

What are the differences between Cost Accounting and Management Accounting?
Explain Cost Ascertainment and Cost Estimation.
Explain the Concept of Cost Center and Cost Unit.
What is the procedure of Installation of Costing System?
Explain the Strategic Focus of Cost Management.
What are Cost Statements?
Explain the procedure and advantages of Value Analysis.