Cost Accountancy Question:
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Explain what are the objects of Cost Accountancy?


Following are the objects of Cost Accountancy:

-Ascertainment of Cost and Profitability
-Determining Selling Price
-Facilitating Cost Control
-Presentation of information for effective managerial decision
-Provide basis for operating policy
-Facilitating preparation of financial or other statements

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Do you know what is cost accountancy?What is the difference between costing and cost accounting?