Month: October 2020
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Cost Accounting
What are the Types of Cost Audit?
A cost audit is an independent examination of an organization’s cost accounting records and procedures. It is used to ensure that the organization is foll
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Cost Accounting
What is the Importance of Overhead Costs
Overhead costs are expenses incurred during the production of a product or the operation of a department but cannot be directly attributed to the product or dep
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Financial Management
Accounting Rate of Return: Investment Appraisal Technique
When a company makes an investment it evaluates the financial feasibility of the investment. This process is called investment appraisal. Investment appraisal i