Question

Define cost accounting write the main objectives of cost accounting

Answer 1

Answer:

Objectives of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making and determination of break- ...

Answer 2

Hiii mate

Good morning

Here's ur answer

COST ACCOUNTING is the classifying, recording and appropriate allocation of expenditure for the determination of the costs of products or services.

The main objectives of cost accounting are:

1) Ascertainment of cost

2) Fixation of Selling price

3) Cost control and cost reduction

4) Assisting management in decision making.

Hope it helps uh

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