Thursday, June 12, 2014

Questions with Answers on Introduction of Cost Management

Explain the Meaning, Objective and Elements of Cost.
Explain the Classification of Cost for Managerial Decision making.
Explain the Meaning and Objective of cost accounting.
What is the process of Installation of Costing System?
What is the difference between Cost center and Cost Unit?
What are the Objectives and Types of cost center and cost unit?
What is Cost Sheet. Explain its objectives and features.

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