Accountancy, asked by meghnagurung1553, 29 days ago

EXPLAIN THE MAIN CHARACTERISTICS OF AN IDEAL COST ACCOUNTING SYSTEM

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Answered by manyatasharma458
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Answer:

Simplicity. Another aspect of an ideal costing system is that it must be simple and uncomplicated. ... And the information and data provided by this cost accounting system should also be presented simply and clearly. This information will then be easily deciphered and useful to the management for their purposes.

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