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What is cost accounting?
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Answer / h.r. sreepada bhagi
Cost Accounting is a branch of accounting which is related to;
1. Computation or ascertainment of cost of Products & Services.
2. Cost Control.
3. Cost Reduction.
I It involves collection of information & data,
verification, analysis, planning of alternative (better)
method of operations and so on. In other words it's a branch
of accounting which helps & supports the management in
achieving and improving the operating efficiency and improve
the operational results of a company, which will ultimately
result in Profit & wealth maximisation of an organisation.
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Answer / prasanta kumar jena
The process of identifying and evaluating productions of
costs.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / digamber rawat
it's basically to find out the cost of any product
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Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
Audit 
