Cost accounting is —

CS Executive · Cost and Management Accounting · PYQS · December 2015
Cost accounting is —
(A) Nothing more than a detailed analysis of expenditure
(B) An instrument of management control
(C) Useful only in such organisation which has profit as the aim
(D) Not needed if prices are beyond the control of the firm.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost Accounting

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic