Cost accounting is the technique and process of ascertainment of...
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In short, cost accounting is a management information Page 2 system which analyses past, present and future data to provide the basis for managerial decision making. The Institute of Cost and Works Accountants, India defines cost accounting as, “The technique and process of ascertainment of costs.
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Explanation:
In short, cost accounting is a management information Page 2 system which analyses past, present and future data to provide the basis for managerial decision making. The Institute of Cost and Works Accountants, India defines cost accounting as, “The technique and process of ascertainment of costs.
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