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Standard XI
Accountancy
Definition of Accounting
The cost audi...
Question
The cost audit was introduced in India in ___________.
A
1956
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B
1960
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C
1962
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D
1965
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Solution
The correct option is
D
1965
Cost Audit represents the verification of cost records and check the adherence of cost accounting plan.
Cost Audit was introduced in India in the year 1965.
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