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Financial and Cost Accounting
Answer the following question.
Q1. What one the objectives of cost
accounting? What are its advantages and limitations? (10 marks)
Q2. Explain briefly the objects
advantages and limitations of costing. (10marks)
Q3. Define cost accounting. How does a
good system of cost accounting serve the management. (10 marks)
Q4. Discuss the limitations of
financial accounting and explain the importance of cost accounting. (10 marks)
Q5. Which are the different ways by
which the cost can be analysed? (10 marks)
Q6. Differentiate between idle cost and
standard cost? (10 marks)
Q7. Explain the different rules of
journalizing the transaction with appropriate illustrations? (10 marks)
Q8. What is a trial balance? Explain
its objective. (10 marks)
Assignment Solutions, Case study Answer sheets
Project Report and Thesis - Contact
ARAVIND – 09901366442 –
09902787224
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