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Financial and Cost Accounting
Q1. Discuss the limitations of
financial accounting and explain the importance of cost accounting.
Q2. “A Good system of costing
must place the same emphasize on cost control as on cost ascertainment”.
Comment on this statement (10 marks)
Q3. Define costing. Discuss
briefly the objectives and advantages of costing (10 marks)
Q4. . Cost accounting has
become an essential tool of management. Mention the steps to be taken while
installing cost accounting system in a manufacturing concern. (10 marks)
Q5. Explain the advantages of
cost accounting. What are the differences between cost accounting and Financial
accounting (10 marks)
Q6. How cost accounting is
superior over financial accounting? Explain the techniques of costing and their
application and suitability (10 marks)
Q7. Enumerate the steps
involved in the installation of budgetary control system in an
organization?
Q8. Distinguish between Accrual
basis of accounting and cash basis of accounting.
Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
ARAVIND – 09901366442 – 09902787224
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