Question

List the steps involved in planning the Cost Audit assignment of a manufacturing company.

Answer 1

Cost Audit represents the verification of cost accounts and check on the adherence to cost accounting plan. ... Cost Audit Procedures[edit ]. Cost audit comprises following three steps;.

Answer 2

Review of Cost Audit Report by the Company Cost Audit Branch. 116 ... “Cost of Production for Captive Consumption” ...... List the actions to be taken by the company step.