English, asked by pranaligosav, 5 months ago


Uniform costing is a natural outcome of​

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Answered by LastShinobi
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Answer:

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'.

Answered by Anonymous
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Uniform costing is a natural outcome of​ inter-firm comparability.

  • A unified costing system naturally leads to inter-firm comparability.
  • The foundation stone on which the IFC structure is built and implemented on a large scale is uniform costing.
  • The technique of comparing the relative performance, efficiency, costs, and profits of enterprises in a specific industry is known as an inter-firm comparison.
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