Question

uniform costing is a natural outcome of​

Answer 1

Explanation:

Inter-firm comparison is a natural outcome of uniform costing system. ... Inter-firm comparison can be defined as the technique of evaluating the relative performance, efficiency, costs and profits of firms in a given industry'.

Answer 2

Uniform costing is a natural outcome of​ different enterprise set up.

• Uniform costing is the uniform implementation by different enterprises in the similar sector of the same accounting and costing standards, processes or specific procedures.
• It is a fundamental approach that implements the normal accounting strategies like regular and marginal costing, and a budgetary control.
• Due to variations in size and enterprise set up, wage structure, manufacturing methods, automation degree, and the implementation of various cost accounting methods and principles, the need for uniform costing exists

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