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Cost audit is a part of cost accountancy. 

    Cost audit is a part of cost accountancy.
Cost Accounting
Cost Accounting
K. Alex 1st Edition
Chapter 1, Problem 4 ↓

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- **Cost Audit**: This is an audit process that verifies the cost of manufacture or production of any article, on the basis of accounts as regards utilization of material or labor or other items of cost as applicable to such article. It ensures that the cost  Show more…

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Cost audit is a part of cost accountancy.
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