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Question

___________ Accounting provides information for cost control.

A
Financial
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B
Cost
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C
Human Resource
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D
None of these
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Solution

The correct option is C Cost
Cost control is a process of identifying and reducing the business expenditure to increase the profits of the business. For that standard costing and budgeted costing is necessary. Cost accounting records provides the basic information to make such standards and budgets.

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