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Financial
and Cost Accounting
Q1. What is the
different between cost accounting and management accounting?
Q2. “Cost accounting is
a system of foresight like prenatal care, but financial accounting is just a
postmortem examination”. Critically examine this statement
Q3. What one the limitations
of financial accounting? How do you overcome item in cost accounting?
Q4. Define cost
accounting and bring out the differences between cost accounts and Financial
account
Q5. Cost accounting has
become an essential tool of modern management”. comment.
Q6. Cost accounting has
become an essential tool of management”. Comment and state the steps to be
taken while installing a costing system in a manufacturing concern.
Q7. Explain the
advantages of cost accounting.
Q8. Which ratios will
help in determining the long term solvency of a business and how?
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 – 09902787224
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