The social purpose of cost audit is: (A) Detection of errors and frauds (B) Facilitating the fixation of prices of goods and services (C) Promoting corporate governance (D) Inculcation of cost consciousness
CS Executive · Cost and Management Accounting · PYQS · December 2017
The social purpose of cost audit is: (A) Detection of errors and frauds (B) Facilitating the fixation of prices of goods and services (C) Promoting corporate governance (D) Inculcation of cost consciousness
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Audit
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