Accountancy, asked by manojkumarfatuh5894, 1 year ago

Definition of cost accounting by different authors

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Answered by PrinceAkash1st
18
"Cost Accounting. Cost accounting refers to the process of recording, classifying, summarizing, allocating and analyzing thedifferent alternative measures to controlcosts. ... It compares the initial investment possibilities and evaluates the least costcourses of actions for a period of twenty years."

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