The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.

Related MCQs

• The evolution of cost accounting took place because of…………………….of financial accounting.
• Cost accounting has been developed because of………………financial accounting.
• Marginal costing is also known as ………………….. costing
• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• Cost accounting is the art, science and …………… cost of accountant
• The Technique and ………….of ascertaining the cost is known as Costing.
• In………………costing the cost of a group of products is ascertained.
• costing is used in transport undertaking.
• ………………………..is concerned with formulation and / or application of principles, methods and techniques of costing.
• Cost accounting is based on……………..figures.