Cost Accountancy Question: Download Cost Accountancy PDF
Tell me what problems you may face while installing a costing system?
Answer:
While installing a Costing System an Organisation may face the following problems:
-Lack of Support from Top Management Resistance and non cooperation from the Staff
-Shortage of trained staff
-Non suitability for the nature of product and nature of business
-The cost involved in installing this system may be too high.
-Lack of Support from Top Management Resistance and non cooperation from the Staff
-Shortage of trained staff
-Non suitability for the nature of product and nature of business
-The cost involved in installing this system may be too high.
| Previous Question | Next Question |
| Explain what things would you take into consideration while installing a costing system? | Do you know Fixed Cost? |