Multiple choice

Directions: Choose the correct option for the given question.

The scope of cost accountancy includes

  1. cost ascertainment

  2. cost accounting

  3. cost control

  4. all of the above

  5. none of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost accountancy is a broad field that encompasses the application of costing and cost accounting principles, methods, and techniques. It includes cost ascertainment, cost accounting, and cost control as integral parts of its scope.

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