Cost accounting discloses ____________.

the financial position of the business

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profit/loss of a product, job or service

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effect and impact of indirect cost on business

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None of these

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Solution

The correct option is B profit/loss of a product, job or service
Financial accounting discloses the profit /loss for the organization as a whole while cost accounting provides the information of cost of each product, job or service and profit/loss on each of it.

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Cost accounting discloses ____________.

The correct option is B profit/loss of a product, job or serviceFinancial accounting discloses the profit /loss for the organization as a whole while cost accounting provides the information of cost of each product, job or service and profit/loss on each of it.

The correct option is B profit/loss of a product, job or service
Financial accounting discloses the profit /loss for the organization as a whole while cost accounting provides the information of cost of each product, job or service and profit/loss on each of it.