Manager Finance Question:

Explain cost accountancy?

Finance Manager Interview Question
Finance Manager Interview Question

Answer:

Cost accountancy is the application of costing and cost accounting principles, methods and techniques to the science, art and practice of cost control and the ascertainment of profitability as well as the presentation of information for the purpose of managerial decision making.


Previous QuestionNext Question
What are adjustment entries? And why are they passed?Explain objects of Cost Accountancy?