Economy, asked by adarsh3175, 5 months ago

State the Nature and Features of Cost Accounting.

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Answered by manojkrsingh1171

0

Answer:

The term scope here refers to field of activity. Cost accounting refers to the process of determining the cost of a particular product or activity. It provides useful data both for internal and external reports reporting. Internal reporting presents details of cost data in a summarized and aggregate form.

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