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Financial and Cost Accounting
Q1. What is the different between cost
accounting and management accounting? (10 marks)
Q2. Define costing. How does it differ
from financial accounting? Explain its importance under present circumstances.
(10 marks)
Q3. State the advantages of costing. How
it aids the management and what objections are raised against cost accounts (10
marks)
Q4. Define costing critically evaluate
the arguments for the installation of costing system in an industry. (10 marks)
Q5. Define Budgetary Control and
explain the prerequisites
for its successful introduction and
implementation? (10 marks)
Q6. Standard costing is a valuable aid
to management discuss. State in brief limitation of standard costing? (10
marks)
Q7. What are the advantages of cost
audit? (10 marks)
Q8. Explain the term Convention of
materiality. (10 marks)
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224
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