cost audit system
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Answer / sangeetha
COST AUDIT IS THE AUDIT OF COST RECORDQS. IT IS AN AUDIT
PROCESS FOR VERIFICATION OF THE COST OF MANUFACTURE OR
PRODUCTIONON ON THE BASIS OF ACCS REGARDING UTILISATION OF
MATERIAL,LABOUR ETC.
| Is This Answer Correct ? | 31 Yes | 6 No |
Answer / praveen
It is a total verification on the cost incurred for a
product from manufacturing to sales........ Incurring all
expenses to get selling price........
In that selling price we refer all cost is called cost audit...
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / roopesh j
COST AUDIT REFERS TO A SYSTEMATIC AND THOROUGH EXAMINATION
OF COST ACCOUNTING RECORDS AND ADHERENCE OF COST ACCOUNTING
PLAN.
| Is This Answer Correct ? | 13 Yes | 15 No |
if bill has came for payment for car repair purpose in bill they mentation total parts value is 21000 and labour 13000 with total of 34000 inthat on parts vat is include so we have to deduct tds u/s 194c @2% on full amount of 34000 or not(bill is single for whole 34000 purpose_
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Expand---------MPSR
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