Daily Answer Writing Practice for Commerce Optional UPSC (Mains)- Day 51

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Topic :- Nature & Functions of Cost Accounting

 

#Q.1)  What are the functions & Nature  of Cost Accounting? .-20 marks

 

#Q.2) DIfference between financial Accounting and Cost Accounting.20 Marks

 

#Q.3) “Major policy decisions in business are based on cost factors.”  Comment on the possible used of cost information to management. 20 Marks

 


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