nature and scope of cost accounting
Answer (1)
27th Apr, 2020
Dear Sanat ,
Cost accounts concerned with ascertainment and control of costs. The information provided by cost accounting to the management is helpful for cost control and cost reduction through functions of planning, decision making, and control .
But as per your query it is incomplete ,if you wants to know about What is Scope of cost accounting then there are various point but we will discusses some of major point like
Scope of Cost Accounting
- Cost Control
- Budget Control
- Cost Audit
- Cost Analysis
- Cost Comparison
- Cost Reduction
I hope it will helpful
Thanks
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