Q :-What are main objective of cost accounting ?
Ans. The main objectives of cost accounting are as follows
(i) Ascertainment of cost
(ii) Determination of selling price .
(iii) Cost control and cost reduction
(iv) Ascertaining the profit of each activity
(v) Assisting management in decision making
Ans. The main objectives of cost accounting are as follows
(i) Ascertainment of cost
(ii) Determination of selling price .
(iii) Cost control and cost reduction
(iv) Ascertaining the profit of each activity
(v) Assisting management in decision making
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