Cost accounting is the art, science and …………… cost of accountant

Related MCQs

• Cost accountancy is the science, art and of cost accountant.
• Classification of cost into factory cost, administrative cost, selling & distribution cost and research and development cost is done on the basis of…………...
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• The evolution of cost accounting took place because of…………………….of financial accounting.
• Cost accounting has been developed because of………………financial accounting.
• Every……………of cost is divided into direct cost and indirect cost.
• Cost accounting is based on……………..figures.
• ………………cost is predetermined cost for each element of cost.
• The branch of accounting dealing with the classification, recording, allocation, summarization and reporting of current and prospective costs is known as
• The expenses which can be identified with and allocated to cost centers and cost units are termed as……………..