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Determining the Product Cost – cost accounting procedures help management in gathering the data needed to determine the product costs and thus generate meaningful financial By-product cost accounting Reverse cost method Brick making Single output costing Merit rating Basis for remunerating employees Angle of incidence Indicator of profit earning capacity Stepped cost Supervisors’ salaries Answer 1. Exam 2015, questions and answers; QUIZ-1- Bustrade - Business Trade in management accounting is very hard and with my compiled quizzes; Related Studylists Accountancy - 29/10/2024 cost ACCOUNTING. Download these Free Cost accounting MCQ Quiz Pdf and prepare for your upcoming exams Like Banking, SSC, Railway, UPSC, State PSC. doc), PDF File (. Skip to document. , A Exam Chapters 1-3 answers 1 - Cost Accounting Exam Pages 10. 104 terms. The main objective of cost accounting is to provide information to the management for (a) planring (c) policy-making (b) decision Cost Accounting Exam 1. 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