Question

Cost audit is a part of (a) Financial accountancy (b) Cost accountancy (c) Management accountancy (d) None of above

   Cost audit is a part of
(a) Financial accountancy
(b) Cost accountancy
(c) Management accountancy
(d) None of above

Cost Accounting

Cost Accounting

K. Alex 1st Edition

Chapter 1, Problem 2

Instant Answer

Step 1

" Cost audit involves the verification of cost records and accounts, and a check on adherence to the cost accounting standards and procedures. It aims to ensure the accuracy of cost accounting records and help management in cost control and cost reduction. Show more…

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Cost audit is a part of (a) Financial accountancy (b) Cost accountancy (c) Management accountancy (d) None of above

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