________ is concerned with accounting and ascertainment of cost of goods and services.

Cost Accounting

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Management Accounting

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Human Resource Accounting

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Financial Accounting

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Solution

The correct option is B Cost Accounting
Accounting is having three branches i.e. financial accounting, management accounting and cost accounting. Calculation of profit on selling of a product is primarily depends on the two parameters i.e. selling price and cost price. Cost accounting helps in finding out the cost of a particular product by using various cost methods.

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