the classification is essentail for the purpuse of determintation and control of cost
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Cost classification is the process of grouping costs according to their common characteristics. It is the placement of like items together according to their common characteristics. ... Cost analysis and classification are essential for the purpose of cost control and managerial decision making.
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the classification is essentail for the purpuse of determintation and control of cost are control of determintation
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