Tuesday, 17 January 2017

Financial and Cost Accounting - Define “Costing”, “Cost” and “Cost Accountancy”. Distinguish between cost accounting and financial accounting.



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Financial and Cost Accounting



Q1. State the objectives of cost accounting briefly explain the advantages of cost accounting


Q2. Define “Costing”, “Cost” and “Cost Accountancy”. Distinguish between cost accounting and financial accounting.


Q3. Define costing critically evaluate the arguments for the installation of costing system in an industry.


Q4. What are the objectives of cost accounting and what is the relation with Management accounting department?


Q5. Cost accounting has become an essential tool of modern management”. comment.


Q6. Define Budgetary Control and explain the prerequisites for its successful introduction and implementation?


Q7. What are the advantages of cost audit?


Q8. Explain the role of Accountant in the present day Economy?



Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224



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