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PCC Costing

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(Querist)
11 November 2008 What is the difference between costing, cost accounting, cost accountancy?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
11 November 2008 Costing is with reference to ascertainig cost of a unit (or batch)of product / service.

Cost Accounting is accounting for all costs that has to be absorbed to products and services.

Cost accountancy is the subject that teaches you how to do the above mentioned two.

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