Accountancy, asked by Nani5289, 11 months ago

What do you mean by the term ‘Cost Audit’? Discuss the objectives of Cost Audit.

Answers

Answered by shachithasharvesh

Cost Audit represents the verification of costaccounts and check on the adherence to cost accounting plan. Cost Audit ascertain the accuracy of cost accounting records to ensure that they are in conformity with Cost Accounting principles, plans, procedures andobjective.

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