The Branch of accounting concerned with collection, determining and controlling cost of products and services is called………………

Related MCQs

• Cost Accounting and Management Accounting are ……………….. in nature.
• Management accounting has a ……….. scope than cost accounting.
• ………..is the process of accounting for cost which includes the application of cost control methods and ascertainment of profitability of activities
• Responsibility Accounting is also called ……………. Accounting
• …………….is concerned with recording transactions and preparing financial reports for the external and internal users of accounting.
• ………..Accounting is concerned with historical data
• Management accounting provides invaluable services to Management in performing…………..
• Marginal cost and differential cost are the same when ……..costs do not change with change in output
• Marginal cost is the aggregate of prime cost and ……………….
• Marginal cost is the ……….cost of producing an additional unit of output