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ADVANTAGES OF COST ACCOUNTING
1. It helps in efficient decision making.
2. It assists in cost drop.
3. It is useful in obsession of selling price
4. It guide to successful inventory control.
5. It aids in the reduction of wastage.
What do you mean by differential costing ? How it differ from marginal costing ? explain its practical application with examples?
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what is the scope of cost accounting?
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