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1. i. State the three most important need for Cost Accounting ? ii. What is the role of Cost Accounting in Price Determination ? iii.

1.

i. State the three most important need for Cost Accounting ?

ii. What is the role of Cost Accounting in Price Determination ?

iii. What are the advantages of Cost Accounting?

iv. What the various types of Cost Centre ?

v. What is the meaning of Material Control in Cost Accounting ?

vi. Explain Cost Unit with an Example ?

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