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Question
A specialised branch of accounting concerned with the processes and techniques of ascertaining costs of products and services is _______.
A specialised branch of accounting concerned with the processes and techniques of ascertaining costs of products and services is _______.
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Solution
The correct option is C Cost accounting
Cost Accounting is a specialised branch of accounting concerned with the processes and techniques of ascertaining the costs of products and services.
It also pinpoints any wastages, leakages, and defects during manufacturing and marketing processes.
There are mainly three branches of accounting and cost accounting is one of them.
Cost Accounting is a specialised branch of accounting concerned with the processes and techniques of ascertaining the costs of products and services.
It also pinpoints any wastages, leakages, and defects during manufacturing and marketing processes.
There are mainly three branches of accounting and cost accounting is one of them.
It also pinpoints any wastages, leakages, and defects during manufacturing and marketing processes.
There are mainly three branches of accounting and cost accounting is one of them.
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