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The main functions of cost accounting are; UNIT COST CALCULATION; COST ESTIMATION; PLANNING; CONTROLLING; PROVIDING INFORMATION FOR DECISION MAKING. By mentioning all of these functions,

The main functions of cost accounting are; UNIT COST CALCULATION; COST ESTIMATION; PLANNING; CONTROLLING; PROVIDING INFORMATION FOR DECISION MAKING. By mentioning all of these functions, briefly explain the importance of cost accounting for business entities and its role in decision making. Your answer should be between 200 to 500 words.

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