What one the limitations of financial accounting How do you overcome item in cost accounting

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Financial and Cost Accounting

Answer the following question.
Q1. Which ratios will help in determining the long term solvency of a business and how? (10 marks)
Q2. Explain the importance of the Marginal cost technique in managerial decision making? (10 marks)
Q3. Explain the significance of cost accounting in a manufacturing company. (10 marks)
Q4. A good costing system is an involvable aid to management.” Discuss (10 marks)
Q5. Define cost accounting and bring out the differences between cost accounts and Financial account (10 marks)
Q6. Define costing. How does it differ from financial accounting? Explain its importance under present circumstances. (10 marks)
Q7. What one the limitations of financial accounting? How do you overcome item in cost accounting? (10 marks)
Q8. Define “Costing”, “Cost” and “Cost Accountancy”. Distinguish between cost accounting and financial accounting. (10 marks)
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Assignment Solutions, Case study Answer sheets
Project Report and Thesis contact
ARAVIND – 09901366442 – 09902787224


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