Question

In: Accounting

What do you mean by the Cost Accounting? 1. Cost Accounting: As the name suggests, this...

What do you mean by the Cost Accounting?

1.

Cost Accounting: As the name suggests, this type of a product, so that the management can exercise its control accounting is mainly related with the ascertainment of the costin order to minimize the costs and maximize the profits.

2.

Cost Accounting: This type of of a product, so that the management cannot exercise its control accounting is mainly related with the ascertainment of the costin order to minimize the costs and maximize the profits.

3.

Cost Accounting: As the name suggests, this type of of a product, so that the management can exercise its control accounting is mainly related with the ascertainment of the costing order to maximise the costs and maximize the profits.

4.

None of the above

Solutions

Expert Solution

Answer: 1. Cost Accounting: As the name suggests, this type of a product, so that the management can exercise its control accounting is mainly related with the ascertainment of the cost in order to minimize the costs and maximize the profits.


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