Cost Accountancy Question:
Download Questions PDF

What is the difference between costing and cost accounting?

Answer:

Costing is the process of ascertaining costs whereas cost accounting is the process of recording various costs in a systematic manner, in order to prepare statistical date to ascertain cost.

Download Cost Accountancy Interview Questions And Answers PDF

Previous QuestionNext Question
Explain what are the objects of Cost Accountancy?What is cost centre?