The term costing and cost-accounting are many times used interchangeably but the scope of cost accounting is _______.
A. limited as compared to cost
B. broader than that of costing
C. equal to costing
D. there is no relation between costing and cost accounting
Answer:B
The term costing and cost-accounting are many times used interchangeably but the scope of cost accounting is _______.
A. limited as compared to cost B. broader than that of costing C. equal to costing D. there is no relation between costing and cost accounting