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Cost Accounting Interview Questions and Answers

Question - How can you advise organizations that want to install a costing aystem?

Answer -

Such organizations should develop systems that will satisfy the needs of their different concerns.  They should also consider several principles as follows. First, there should be little disturbance of the current organization of the unit. The system should also be introduced gradually and be easy to operate. Lastly, the staff should be involved, given that the success of any system is pegged on them.


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