(a) Cost Accounting is different from Financial Accounting. Discuss
(b) Write short note on the following:
i. Cost ii. Cost Unit iii. Cost Centre
(c) Explain the element of cost.
ASSIGNMENT 3
(a) Explain the following cost classification:
i. Classification as Direct or Indirect Cost ii.
Classification according to function
iii. Classification according to behaviour iv. Classification according to
relevance
v. Classification according to product cost and
period cost
(b) Differentiate between Cost Control and Cost Reduction.
(c) Write short note on the following stock control records:
i. Bin Card ii. The Stock Tally Card iii. The Stock Ledger Card
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Course Outline:https://britstutors.blogspot.com/2018/11/acc-212-cost-accounting-1-course-outline.html
Assignment 1:
https://britstutors.blogspot.com/2019/01/acc-212-cost-accounting-1-assignment-1.html
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