"Limitations of financial accounting have made the management to realise the important of cost accounting".Comment
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importance of management
Helps in ascertainment of cost
Aids in Price fixation
Helps in Cost reduction
Elimination of wastage
Helps in identifying unprofitable activities
Helps in checking the accuracy of financial account
Helps in fixing selling Prices
Importance to Employees
Cost accounting and creditors
importance to National Economy
Data Base for operating policy
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