Accounting is the art and science of recording classifying summarizing and analyzing various elemen...........

Costing - Phase (I & II) Overview of Cost and Management Accounting

_________ Accounting is the art and science of recording, classifying, summarizing, and analyzing various elements of costs with the objective of cost ascertainment and cost control.

Financial Accounting

Management Accounting

Cost accounting

None of the above

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Explanation:

Cost accounting is the art and science of recording, classifying, summarizing, and analyzing various elements of costs with the objective of cost ascertainment, cost control and cost reduction which help management to take prudent business decisions.