Accountancy, asked by AadithyaMinnu2063, 1 year ago

What are the merits and demerits of cost accounting?

Answers

Answered by mersalkeerthi46
1

Objectives of Cost Accounting. Cost Accounting is used for estimating the profit and loss of every operation. It also helps to determine the management about the unit cost of service, department or job and product. It is used for taking necessary financial decisions by collecting and contributing appropriate data.

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