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What is meant by Cost Accounting? How it is different from
Financial Accounting?

Answer Posted / bvsrikanthsastry

in the present day of business world it is necessary for
business concern to conduct its activities with most
efficient manner. it is also very essential for a
manufacturer to know the cost of unit producing in a
manufacturing concern.similarly every business unit is
interested in knowing what is the cost of rendering
services or what it the cost of producing an article.

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